When you’re habitually drip-fed something intoxicating if can be hard to just turn off the tap. So what will it take for the New South Wales government to give up its addiction to land tax?
BY NICOLE NAVARRO
It’s New Year’s Eve and laughter from the terrace drifts inside with the sea breeze, glasses full of crisp wine clink in celebratory spirit, and singing attempts of Auld Lang Syne warm up. The clock ticks over to midnight and while the fireworks explode in the distance and embraces are shared all round, your investment properties across the state are at that very moment being lumped with a hefty land tax on the year now just a memory. The New South Wales Office of State Revenue sure knows how to dampen the party mood.