Albanese’s pledge to build thousands of houses is another Labor lie when first home buyers can’t afford their dream
Herald Sun
Victorian home buyers are being slugged $373,000 in tax and red tape for the state’s typical new house, with the government accused of fomenting “house and tax packages”.
New data from the Centre for International Economics commissioned by the Housing Industry Association has also revealed new home buyers are facing the extraordinary slug of taxes paid on taxes, compounding the cost of building new homes at a time when governments at all levels claim to be doing all they can to remedy the nation’s housing crisis.
The massive government impost is being described as a key part of why Victorians are preferencing buying existing homes over helping to address the housing crisis by paying to build new ones.
It comes as separate analysis by money.com.au has revealed the state now has a more than $11,000 “new home premium”, with the $641,882 average loan for a new house in Victoria now far above the $630,498 typical loan for an established residence.
The federal government has claimed improving housing affordability is a priority, announcing multiple initiatives aimed at building 1.2 million new houses in the next five years.
Victoria’s Allan government has done the same, announcing plans to build 800,000 homes in the space of a decade in order to remedy the state’s housing crisis.
But the research shows Victorians have faced a massive $157,000 housing tax hike in the span of six years, with the share of a typical $866,000 new four-bedroom, two-bathroom house going to government coffers or regulatory requirements rising from 37 per cent to 43 per cent since 2019.
The increase means it now takes a typical homebuyer close to a decade to pay off the government for the chance to build their part of the great Australian dream, and the sky-high taxes also add to the costs in interest repayments to lenders over the life of a loan.
It’s one of the biggest increases in the nation, and on a par with NSW, though in Queensland the tax impost has more than doubled to $179,000 in the same timeline.
The $373,000 added to the cost of building by red tape and government fees in Victoria includes about $154,000 in regulatory costs, $193,000 in statutory taxes and $27,000 in infrastructure contributions.
The research tracks the typical costs incurred in building a four-bedroom, two-bathroom, two-carpark home.
HIA chief economist Tim Reardon said the research showed that despite claims to have housing as a top priority, governments at all levels were just paying lip service to the housing crisis “given the volume of taxes, charges, regulations and delays they impose on building”.
“With government taxes, fees and charges so high, the term ‘house and land package’ may as well be changed to ‘house and tax package’,” Mr Reardon said.
“Taxes and government charges have more than doubled, but housing supply has not. This points to the fact that governments cannot tax their way out of fixing the housing supply problem.”
The economist said part of the costs passed on to buyers included GST paid to civil works specialists preparing land for development as well as the land tax paid to hold onto the land while increasingly lengthy regulatory requirements were ticked off.
Mr Reardon said this meant new homebuyers’ end stamp duty payment was often significantly raised by taxes that had already been paid earlier on in the building cycle.
“It’s multiple compounding taxes,” Mr Reardon said.
The money.com.au analysis of lending data shows that building material cost increases and even first-home buyer grants, as well as the taxes and government charges, were contributing to a “new build premium” that was now at its worst level since September 2019.
At that time the average Aussie loan for a new house was $475,844, while for an established home it was $464,850.
The firm’s property expert Mansour Soltani said for homebuyers it was inevitable that if building new became more expensive, “at some point the cost becomes just not viable” and homebuyers focused their attention on established homes.
With an almost $30,000 (6.4 per cent) premium in the Northern Territory, a $23,000 (3.6 per cent) added cost in Queensland and Victoria’s typical new home loan almost $11,000 (1.8 per cent) above that of an established property mortgage.
Mr Soltani said those states were already likely at the point where buyers were turning their back on new builds.
“I do think this is having an impact on buyers around the country, and it will also create a divide for people wanting to sell a new property as they will want to get that premium back,” he added.
“The government is going to have to cut red tape and cut costs, it’s got to come out of their slice of the pie, that’s the only way.”
I think the critics have missed my point about double taxation, in their frenzy to expound on terra naullius and so forth, which they have no road map to get to, no money to pay for, and no army to defend.
Comrade Lenin summed up the situation in one paragraph.
https://i.pinimg.com/736x/f2/fd/cf/f2fdcfff4221880aae896281221c582e.jpg
.
Pat from Vic: “All part of the continuing hostile foreign corporate occupation of our country, folks. You might not LIKE it, but at least have the honesty and intellectual clarity to recognise it for what it is.”
lol Oh what! Someone wants to wake me from my fantasy into reality? I’d rather stay dumb and lie to myself. I don’t have the guts or intelligence to navigate the real world. It’s just too hard and scary for me. 🙂
My Fakebook page goes down for half an hour and I end up in a meltdown. And you want me to what? Exercise some integrity and intelligence? You’re a tough taskmaster, Pat. lol
George Neo quoted – “… Council property rates are a tax on property wealth, not a fee for services used…”
Taxes levied by nationally syndicated non-government CORPORATIONS. Corporations which are emphatically NOT “government” as asserted by no less than TWO REFERENDUMS.
An utterly unlawful and synonymously ILLEGAL practice, accompanied by THREATS no less, thereby committing institutional EXTORTION.
And the alternate position, that these so-called “Rates” invoices are for “services rendered”, is EQUALLY unlawful and ILLEGAL, being premised on UNSOLICITED and UNCONTRACTED “services”. And ALSO accompanied by THREATS, thereby encapsulating a SYNDICATED EXTORTION RACKET.
We’re all being shaken down by an UNFETTERED national crime syndicate, enforced by armies of hired mercenary thugs, mobsters in uniform, and we have no-one to call for assistance because they’re ALL on the SAME TEAM.
All part of the continuing hostile foreign corporate occupation of our country, folks. You might not LIKE it, but at least have the honesty and intellectual clarity to recognise it for what it is.
Hats off to Hans Rosling (statistician) who ‘scuttled’ the over-population agenda. Bill & Melinda LOVED his book FACTFULNESS, but distorted the population disclosure into De-population instead. Watch 9 minutes, double speed is okay!=
https://youtu.be/OmOKhuaSLd4 FATE 105: Gates Foundation Overdramatic World Views makes the world nasty!
How & Why is an IT Tech all of a sudden a Medical expert as well?! That’s bizarre. Full presentation =
ht tps://youtu.be/pj_TTpf3KYs Clean Energy Inspired by Imagination, not Nuclear! 74 minutes, &=
ht tps://youtu.be/ShcBwlbDkS0 Clean Energy Alternatives to Nuclear. Plus, can AI be trusted? 48mins.
ht tps://magpiehouse.com.au/#ImportantTarget is a short summary.
Nature Spirit says =
The foundation of true
intelligence is simplicity, not
cleverness. Lost in illusions
of intellect, Clever is a God-
like erroneous concept.
Clever holds hands
with Stupid!
Here is the advice toward a pre-ascended race =
Man considers itself a
Physical species, but it’s
Metaphysical potential is
far greater! Pan explores
Nature Spirit, guiding us
toward Intelligence instead
of Cleverness.
While AI is Artificial, the Intelligence is NOT, where Mankind has successfully produced Hardware that emulates TRUE intelligence as a Divine Connection to Spirit =
The idea that Artificial
Intelligence turns against
humans & enslaving them is
mis-guided, a paranoia that
along with fear, blame as
always the reason for war
& aggression.
Enjoy.
Absolutely Correct daviddd22, Rates are a Property tax & fully disclosed in Council Budget 2019-20 text = “Council property rates are a tax on property wealth, not a fee for services used. This is similar to income tax, land tax and other “progressive taxes”. The philosophy behind these taxes is those who earn / own more should contribute more to the delivery of government services. There is no link between services used and the amount of rates paid as Council provides infrastructure and many services for public benefit. There are other examples where the use of Council services would be limited or not used at all, but the payment of rates is still required, like vacant land, multiple properties, other body corporate situations (the owner could also be a pensioner), or weekender / holiday homes.
“Part of the body corporate fees go to maintaining and upgrading privately owned infrastructure and facilities like footpaths, roads and drainage, bowling greens, swimming pools, village community buildings and amenities. If a lower differential rate was applied for this reason other ratepayers would indirectly be subsidising the village owners business as the infrastructure within a retirement village is owned by the property owner and not the residents.”
The above might be a benevolent justification for Rates & Taxes, but we may consider that more highly evolved societies reject this scenario altogether=
“Taxation manipulative material creation spiritually immoral poor excuse for leadership / management.” Telos society.
“Curiosity of income-tax bureaucracy is that it takes more energy to complete than it generates income. This Will be released one day with gentle ceasing of strict regulation without overthrow of government, judgement, pain, and power struggle, when it is recognised as un-necessary. Can Divinity [us] be governed?” – St Germain adapted.
Just as banks create money out of thin air, so can governments issue Treasury Notes through a People’s Bank (used to be the Commonwealth before being privatised) as they used to for virtually ALL infrastructure & services.
This does NOT cause “inflation” as many believe but “abundance” as the notes are specifically for the project or service in particular, & becomes equivalent to a Gold Standard in terms of Wealth (Does Japan/Singapore mine gold?).
So, what’s the difference between a wanker & a banker? A wanker knows what they are doing.
Or, Heard about the transexual donkey? Had a HEE in the morning & a HAW at night.
For a far deeper conceptual description of the Highly Evolved system, consider these episodes=
Middle Path 4: Rates/Endless Free Energy . . . . . . . . . . 10 minutes
Middle Path 5: Tax/Tyrants/Critical Mass . . . . . . . . . . 14 minutes
Middle Path 6: Power Beyond / Eliminate Tax . . . . . . . . 7 minutes
Middle Path 7: 21st Century Unveiled . . . . . . . . . . . . . 12 minutes
Middle Path 8: Tax is Collective Belief . . . . . . . . . . . . 6 minutes
You could start with Episode 1, work through to Episode 10:
https://www.bitchute.com/video/tu0doaRgayWy Middle Path 1: Mental Universe, Basic Metaphysics 12 minutes. Watch at Double Speed, it has clear comprehension.
Council rates? lol There are no “Council Rates” as in charges for Council “services”.
They’re simply a well concealed PROPERTY TAX. People who don’t own real property in any municipality don’t pay “rates”.
That’s why we have “Councils”. So the grubbernment can hide and devolve its MASSIVE tax collections, otherwise known as a hidden money grab, behind its appointed sheriffs (as in British rather than American sheriffs).
And of course you have only yourself to blame for electing the wrong or incompetent sheriffs. lol
It’s all perfectly in line with your legaly registered land “tenancy” rather than land “ownership”. Which, as of recent years, you have no proof of since digital registration came in and your Title Deeds were nullified.
Still asleep, Sleepy Joes? Time to rise and shine.
When we are charged income tax and everything we spend our money on is taxed or part taxed we are getting “double-taxation” on just about everything, what happened to the principle that “you don’t pay a tax on a tax”, all they do is change the name to “levy” or whatever and you are double taxed, this is a mafia operation
Why do we have to pay income tax on Council Rates. Most of the rates goes toward public infrastructure such as parks, kerbs, street lighting, libraries, admin functions, and PPP nonsense ro further councillors careers, the latter I call “soft corruption”. We are charged according to the “Gross Rental Value” even when we are not renting the house out. Paradoxically when we are renting it out we don’t have to pay income tax on the rates. The tax involved would be a few hundred dollars on average but prices will be pushing up faster now with the inflation. In my case the council does only the basics but we pay for all sorts of extras including having to pay for the opportunity to ask them to stop taxing us so much.
RE: “Communism, ah la carte!”
Brought to us by the High Priests and the Money Merchants of Mammon’s Global Money Merchant Cult of the Worshippers of the Golden Calf. As per usual, but by any other convenient name.
To clear up about Gates, he has not had any change of heart about anything, his father was into depop, his father was the boss of Costco the stoopid supermarket. They go back a long way with Rockerfellas but have shredded the evidence. Bill’s father is called Gates jr and the grandfather Gates sr. They have dodgy back stories of travelling around in different corners of the USA, much as Rockerfellas had, in fact Rockerfellas come from the French elite bloodline Roquefeil. Gates behaviour only changed as the starting gun popped, Agenda 21. His wife who left him after that is nicknamed Manlinda because of her very masculine features and big hands. Same pattern with Macrons and Obamas.
Thanks for the reply guys. I guessed it was Gates but had to make sure.
I am not defending Gates though I read several years ago that Gates was tapped on the shoulder to fund things. His alleged reply was it is my money you cant tell me what to do with it. Someone or something changed his mind.
About 25 years ago, Barry Long, an Australian Zen Master, gave insights into the decline of civilizations.
“All civilisations are attempts at civilisation. … Moral failure has been the cause of every civilisation’s downfall. Our moral failure, the worm in the western flower, was cultured by the drive among the privileged to have more while the many by comparison had little or nothing. … Ours is the first world civilisation. In that we are unique and represent the end of a phase in man’s development. Western civilisation is an extension or culmination of all earlier civilisations and their aspirations for ever-more conquest, wealth and influence. … But its failure, and unfitness to endure as the permanently civilising way of life, lies in the expediency of its shifting values. Our particular failure is intellectual duplicity, our double standards.”
Apparently, to be a member country of the UN, a nation needs to be a declared bankrupt (just don’t tell the plebs). The fail is going to be spectacular.
brianajnz
Oops… Sorry brianaj, I just noticed now after sending my reply to you that commenter ‘dianedraytonbuckland’ had already answered your question: “Pat from Vic. Who is the Bill you mention.” and in much more detail than me.
brianajnz
June 2, 2025 at 10:10 pm
“Pat from Vic. Who is the Bill you mention.”
Pat is referring to none other than Bill GATES the vaxx King. He’s actually the world’s most well known eugenicist, yet most sleepwalking sheep (or ‘normies’), still believe he’s a kind & caring philanthropist.
Why or how they still believe that plainly false narrative is anyone’s guess, especially after what’s been unfolding over the past 5 years.
He’s appropriately named as he truly represents the gates to Hell.
Aka: ‘Kill Gates’ or, as commenter Diane Drayton-Buckland prefers to call him: ‘The Vaccinator’.
A real estate agent told me the government is not building cheap affordable housing because they are making a huge profit from the existing high priced housing market in the form of high stamp duty and other fees.
What is happening in Victoria is probably happening elsewhere. It is a rort.
China actually placed a price cap on housing prices in 2021 to stop run away high prices so that citizens would not be disadvantaged. I think these are easing now but it did make a big difference when introduced.
Welcome to the COMMUNIST OCCUPATION of Victoria, they just walked in and the public welcomed them.
So home buyers think that they’re getting a mortgage just to buy a home when in actual fact 40% of that mortgage is just paying govt taxes and unnecessary red tape.
How sneaky and underhanded.
What an absolute fraud!
What a scam!
brianajnz ASKED
June 2, 2025 at 10:10 pm
Pat from Vic. Who is the Bill you mention.
———–
Hello brianajnz I’m just heading off to bed and saw your post and I knew Pat wouldn’t mind if I reply DDB >
Allegedly, This is the Creep > The Vaccinator >
BILL GATES (*MAJOR FUNDER OF THE WHO) AND FRIEND OF JEFFREY EPSTEIN
THE VACCINATOR BILL GATES SAYS >
VACCINES, THE BEST INVESTMENTS I ever made >
over a 20 to 1 return.
h ttps://stopworldcontrol.com/gates/
——–
BILL GATES (*MAJOR FUNDER OF THE WHO) AND FRIEND OF JEFFREY EPSTEIN
The Cover-Up continues: The Truth about Bill Gates, Microsoft and Jeffrey Epstein – 32 pages
https://archive.org/details/0000-00-00-00-whitney-webb-00/2021-05-25_The%20Cover-Up%20Continues_The%20Truth%20About%20Bill%20Gates%2C%20Microsoft%2C%20and%20Jeffrey%20Epstein/
——–
BILL GATES (*MAJOR FUNDER OF THE WHO) AND FRIEND OF JEFFREY EPSTEIN
Anthony Albanese hosts Bill Gates at Kirribilli House for discussions on climate change and global health issues
Prime Minister Anthony Albanese is hosting Microsoft founder Bill Gates for discussions on climate change, global health issues and new and clean energy opportunities.
January 21, 2023
h ttps://www.skynews.com.au/australia-news/politics/anthony-albanese-hosts-bill-gates-at-kirribilli-house-for-discussions-on-climate-change-and-global-health-issues/news-story/d3c363ca924e0ac84a6eb427fbee733e
Wowwww, that’s one ugly laday gorg!
I hope someone will steal 373k from her!
yikes
Victoria is the rotten apple.
Pat from Vic. Who is the Bill you mention.
Pat from Vic said,
“There’s a bourgening market for scaffolds and gallows”.
I’m with ya Pat, I reckon the men’s sheds in Victoria should be building gallows in every town centre.
Obviously, the communist ALP wants everyone in a hi-rise flat built by their friend the developer, much easier to control them during the next lockdown, they can stand on their mini-balcony and bang a pot all night like the Chinese. These sworn-in ministers will do anything they’re told with no remorse. They tell us and themselves they are just passing the baton, but this is much more.
If I was in Victoria I would quietly make a nice big hole in the ground like they do in Coober Pedy, it would be fire-proof and very well insulated, with secret exits behind bushes. Welcome to the NWO !!! Lucky I’m not going anywhere near Victoria so the financial pressure is not the same.
Jase said – “… Why would you want to build anything in Victoria?”
There’s a bourgening market for scaffolds and gallows.
Though lamp posts might do.
Why would you want to build anything in Victoria?
Lib-Lab have created a 2 tier society defined by access to home ownership. They achieved this mainly via investor-friendly tax legislation, lack of lending regulation and extreme immigration levels over the last 40 years.
They have ossified mobility in society.
Great work there parasites.
Also just BTW, folks, I’ll bet little Jill and Johnny are starting to warm up to that AFFORDABLE shoe-box in that oh-so-convenient 15 Minute City right about now, hey? They might even be persuaded to benevolently and unselfishly OFF themselves for the good of the nation, Canada-style.
Creepy Bill and AnAL are having quiet orgasms in their pants just THINKING about it. And so is Penny, just BTW, but we really don’t want to even think about THAT, and FWIW Sarah Hanson Young is too pre-occupied fantasising about killing lots of babies to even give a shit.
How much for a hole in the ground?
Just BTW, folks, you DO understand that the sky-high taxes all around the country are going to pay the interest on the TRILLION DOLLAR DEBT racked up to BUY all those “safe and effective” BIOWEAPONS, right? You know, the DEPOPULATION injections that all the fake corporate pollies and unelected beauracrats and public officials and big-time corporate execs EXEMPTED THEMSELVES from?
That’s right, folks, CRIPPLING TAXES, not to pay down the debt, just the INTEREST.
Now go and sit little Jill and Johnny down and tell them the awful truth about their future lives – they’re F*CKED.
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Communism, ah la carte!
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