New rezoning taxes coming for Victoria and NSW landowners

Marian Macdonald
July 8 2021 - 9:00am
MILLIONS IN TAXES: Any Victorian landowner whose property values get a boost from a rezoning is likely to get a multi-million-dollar tax bill alongside that valuation windfall from July next year.
MILLIONS IN TAXES: Any Victorian landowner whose property values get a boost from a rezoning is likely to get a multi-million-dollar tax bill alongside that valuation windfall from July next year.

Property owners around Australia are hoping a shock new tax grab in Victoria is not adopted in other states, while NSW seems set for an entirely new set of property transaction imposts.

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Marian Macdonald

Marian Macdonald

National rural property writer

Writing for farmers in the Stock & Land, The Land, Queensland Country Life, Stock Journal and FarmWeekly, farming in Gippsland.

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