Hope this isnt consdiered Hijacking the thread now he has the answer and aplogies if it is but rather than start  a new thread:
Does NSW Land Tax Threshold (or any other state) get applied to an individual or a couple?
 I think it is individual from the Government website but I am not 100 percent sure.

For example I mean:
Property 1 – split 50/50 between husband and wife  – land tax value of $200,000  = i.e. $100,000 each is assigned
Property 2 – split 75/25 between husband and wife – land tax value of $300,000   = Husband $225,000 , Wife $75,000

Husband total = $325,000 & Wife Total = $175,000 which  re both under the NSW threshold 2012 treshold $396,000 (ignoring average over the 3 years just for this example).

Does this mean no land tax in NSW would be paid or by either member of this couple or do Governments just add the two totals together of any investment property you have a share in regardless of your ownership amount and say that you own $500,000 each?

Please help.