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A Study on Property Tax in Australia

Latest study from UHY Haines Norton reveals that Australia has one of the developed world's highest property tax rates for prime real estate. The study also highlights Australian property purchase taxes for median range properties are significantly higher than the international average. For properties costing USD$500,000, the property purchase tax in Australia is 3.7% (average across states), compared to a 2.90% international average.

To read the report please click here.