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New South Wales Outlook Survey responses from NSW members on their thoughts to the policy changes include: Policy

Yes

No

6.1%

93.8%

Carbon tax will increase percentage of customers seeking energy efficient features when looking to buy

75.5%

24.4%

Should Stamp Duty be abolished

75.0%

25.0%

Should Stamp Duty be replaced with a broad-based land tax

10.6%

89.3%

Should Stamp Duty be replaced with death duties

4.1%

95.8%

Would support disposing of negative gearing

8.5%

91.4%

Support a carbon tax

Undecided

The exclusion of any of these proposed policy changes from the recently announced NSW state budget may be an indication that the Government does not intend to take such matters any further. It is hoped that the change in NSW Government will see some changes in planning policy to enable developers to release more land at a more affordable development cost and reduce red tape. There is, however, a budget loss to be recovered and this may impact on the ability of the new Government to effectively move forward with their plans.

First National Real Estate 2011 Property Market Outlook 21

North Sydney NSW  

First National Real Estate Mid Year Property Outlook 2011 - North Sydney NSW