Hi Steve,Very timely to be reminding folks of the unavoidable fact that the property market can, of course, crash here too.I do however think that this post is very much a reflection of the changing mood in Australia. Collectively we are starting to believe that such a crash is at least possible, whereas 12+ months ago I couldn't fail to hear the…[Read more]

Sorry I don't quite follow you.. can you explain that?

Hi Raddles,So if I originally paid duty on 100k, and my new mortage is for 300k, I would only pay mortgage duty on 200k?By the way, it seems stamp duty is an ambiguous term. Most people mean transfer duty when they say stamp duty, which is not payable on a refinance in QLD.cheers,Ben