Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Sittings . . . . PDF . . . . Video

Legislative Assembly for the ACT: 2011 Week 13 Hansard (Thursday, 17 November 2011) . . Page.. 5633 ..


(4) What is the projected revenue for residential property stamp duty to be received for the years (a) 2011-12, (b) 2012-13, (c) 2013-14 and (d) 2014-15.

(5) For the years (a) 2008-09, (b) 2009-10 and (c) 2010-11, how many residential property transactions paying stamp duty were for properties valued in the range of (i) $300,000 to $400,000, (ii) $400,001 to $500,000, (iii) $500,001 to $600,000, (iv) $600,001 to $700,000, (v) $700,001 to $800,000, (vi) $800,001 to $900,000 and (vii) above $900,001.

(6) For the years (a) 2008-09, (b) 2009-10 and (c) 2010-11, how many first home buyer grants were paid to residential property transactions valued in the range of (i) $300,000 to $400,000, (ii) $400,001 to $500,000, (iii) $500,001 to $600,000, (iv) $600,001 to $700,000, (v) $700,001 to $800,000, (vi) $800,001 to $900,000 and (vii) above $900,001.

Mr Barr: The answer to the member’s question is as follows:

(1) The number of residential property transactions that paid duty are as follows:

Year

Number of Residential Property Transactions

2008-09

10,526

2009-10

12,901

2010-11

13,258

(2) Treasury does not specifically predict the number of residential property transactions.

(3) See answer to QON 1788.

(4) The projected revenue for residential property duty is as follows:

Year

Projected Amount of Residential Property

$m

2011-12

$229.8

2012-13

$233.1

2013-14

$236.4

2014-15

$239.6

(5) The number of residential property transactions for each value range are as follows:

Property Value

Number of Residential Property Transactions

2008-09

2009-10

2010-11

$300,000 to $400,000

3,332

3,393

3,219

$400,001 to $500,000

2,464

3,107

3,529

$500,001 to $600,000

1,161

1,664

1,872

$600,001 to $700,000

552

922

1,046

$700,001 to $800,000

270

466

525

$800,001 to $900,000

127

263

311

Above $900,001

239

478

568


Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Sittings . . . . PDF . . . . Video