Page 5633 - Week 13 - Thursday, 17 November 2011

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(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:

(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:

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

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