Read in yesterday's news that the NSW Opposition leader is suggesting an extra $3K for first home owners on top of the existing $7K FHOG. Naturally, this will possibly form part of their major policy commitments for next year's state election Investors may also be in for a break, as a $4K stamp duty concession could apply if the investment is to be used for low-cost rental accommodation (no futher guidelines yet on what this will actually constitute) Interesting how all the cash payment promises come up prior to important political events.....
............and then seem to mysteryiously disappear after the election with the introduction of new/different taxes. Robbing Peter to pay Paul.