The March data on Stamp Duty paid in NSW has been released by the NSW Office of State Revenue and still the Gladys foreign buyer “Secret Business” continues.
As noted in past Glass Pyramid exclusives:
https://pfh007.com/2017/03/16/dig-deeper-release-foreign-ownership-data-for-housing-in-nsw/
https://pfh007.com/2017/03/11/nsw-secrets-gladyswho-is-buying-all-the-property-in-nsw/
…..the NSW State Government stopped releasing data in November 2016 (see the large table below) when it became clear it would provide some useful information on just how much property was being bought by foreign citizens either offshore or temporary resident in Australia.
Even though Gladys has made it clear that she does not care how much residential housing foreign citizens buy, provided she is able to run a skim operation and milk them as much as possible for revenue, she is still very shy about letting the people of NSW know just how many new foreign milk cows have been added to her herd.
And she is shy for a very good reason.
She knows that the people of NSW are sick and tired of politicians who sell off Australia to foreign buyers one suburban block at a time.
Release the data Gladys!!
The people of NSW pay the public servants who spend time collecting and collating this data and we know that they are giving you access to it as you and Dominic have made reference to the fact it shows a strong presence of foreign buyers in NSW and that you hope to milk them a bit harder in the next budget
Let the data go free.
And to make the task even easier for you here is a list of the data that you should be directing the OSR to release each and every month in a nice large and bright font.
Be quick and it could be you.
Will the Premier direct the Office of State Revenue and the NSW Land Titles Office to release the following information on a monthly basis.
(a) The number of new homes and apartments bought by Foreigners (Offshore)
(b) The number of homes and apartments sold by Foreigners (Offshore)
(c) The number of new homes and apartments bought by Foreigners (Temporary residents)
(d) The number of existing homes and apartments bought by Foreigners (Temporary resident)
(e) The number of existing homes and apartments sold by Foreigners (Temporary residents)
(f) The number of new homes and apartments sold by Foreigners (Temporary residents)
(g) The number of homes and apartments bought by Foreigners (Permanent residents)
(h) The number of homes and apartments sold by Foreigners (Permanent residents)
(i) The amount of surcharge stamp duty and surcharge land tax paid by foreign buyers and foreign owners of property
Categories: Macrobusiness
Perhaps the might be a good subject for a post,
“The political distractions of Mark Latham, the useful idiot of the LNP”
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LOL
I think I might try to be more encouraging……
“Mark, you have 8 years to give a bunch of sacred cows a flogging, the PC cow is already dead….move on to stuff that really matters”
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Unfortunately the only way you’ll get some political action from Mr Latham is to accuse him of such things and rev him up.
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You can add One Nation and Mark Latham to the useful idiot category.
Really disappointed how he gets side tracked with the MSM driven distractions.
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What is the current status of the NSW Government towards hiding this data?
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Write to the independent upper house members and get them to apply pressure.
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A few of them are aware but good point I shall send them a few refresher tweets and an email during the week. Shooters, farmers and fishers might find it a useful issue to embarrass a few sleepy Nats
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Back in 2017 I emailed this article thru my brother who is active member of Shooters and Fishers to Robert Borsak but got no response, he said they were seemingly not interested in this issue
What is the current status of the NSW Government towards hiding this data?
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As far as I know still happily hiding the data as best they can.
They would prefer that people of NSW not know how much property is owned by foreigners, temporary residents and permanent residents.
Unfortunately the useful idiots in the ALP and Greens are committed to a sell off so they will ignore it as well.
Latham should be interested but he seems more interested in fighting the PC police at the moment. That may change as he could really attract some attention to the issue.
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