48% of your home build cost goes to GOVERNMENT taxes!!

Описание: From The Other Side #417

Up to 48% of a new home build cost gets swallowed by the three levels of government in Australia ,federal, state, and local , through a toxic cocktail of taxes, levies, fees, and red tape:

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⚠️ 1. Federal Government – ~10–12%

GST (Goods & Services Tax)
• A flat 10% GST is applied to the full construction contract.
• Example: On a $400,000 build, that’s $40,000 straight to Canberra.

Corporate Tax
• Builders and developers are taxed at 25–30% on profits, pushing costs up for the buyer.

Fuel Excise & Payroll Tax (indirectly)
• The cost of fuel for transporting materials and payroll taxes on big employers gets baked into material and service costs — and passed down to you.

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⚠️ 2. State Government – ~20–25%

Stamp Duty on Land Purchase
• On a $300,000 block in QLD, you’ll pay around $8,000–$10,000 in stamp duty.

Land Tax
• Developers pay land tax annually while land is held pre-sale — another cost factored into your final purchase price.

Developer Infrastructure Charges
• Massive hit here. Up to $50,000 per lot for water, sewer, roads, etc.
• These costs get passed to the buyer.

Planning & Certification Fees
• Fees for building approvals, certification, and other state-controlled compliance items.

State Payroll Tax
• Applies to any builder with a payroll over $1.3M. Costs absorbed into your build price.

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⚠️ 3. Local Government – ~10–12%

Developer Contributions / Infrastructure Charges
• Councils slug developers per lot to cover “local infrastructure.” Can be $25K–$35K per block in some areas.

DA Fees & Council Approvals
• Application fees, environmental assessments, town planning reports — thousands more.

Inspections & Compliance
• Local council charges for site inspections and final compliance certificates.

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🧾 The Bottom Line

For a $700,000 house-and-land package:
• $70,000 goes to GST
• $40,000–$60,000 in infrastructure levies
• $8,000–$20,000 in stamp duty, application fees, etc
• $10,000–$20,000 in other indirect costs baked into the build

💥 Total: $280,000–$330,000 in government charges — nearly half the total cost

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🛑 The Irony?

Australia has a housing affordability crisis.
And nearly half the cost of building a home is from government greed — not bricks, not timber, not tradies.
Just layers of bureaucracy lining their own

. #auspol #australia #economiccrisis #construction #homeless #news #housingcrisis #housingmarket #housing #australiaday