Treasurer welcomes progress of Stamp Duties legislation
Source: Western Australia. Treasurer. Media Release
"Legislation which will cut stamp duty on conveyances by an average of five per cent across the board has passed its first hurdle, Treasurer Eric Ripper announced. Mr Ripper welcomed the passage of the Duties Bill 2007 through the Lower House. The Treasurer said the Bill delivered on a range of recommendations made by the State Tax Review, which would streamline complex tax legislation and adopt a broader, more efficient tax base, which in turn provided an opportunity for offsetting rate relief."