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We're in the process of buying a lot of land in Australia. We have received a letter telling us we have to arrange to pay stamp duty. Does anyone know how much this is and who we have to pay it to??
 
Posts: 183 | Location: Baldivis WA | Registered: 26 July 2005Reply With QuoteEdit or Delete MessageReport This Post
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Unfortunately it is unavoidable and it is high - although it depends on the State to some lesser or greater agree. realestateview.com.au has a good calculator for all states/territories and exfin.com has a section on total acquisition costs. I think some states have abolished stamp duty on mortgages - it's much smaller but still aggravating!
 
Posts: 3 | Location: KL | Registered: 11 November 2005Reply With QuoteEdit or Delete MessageReport This Post
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