{"id":33086,"date":"2015-05-14T00:00:00","date_gmt":"2015-05-14T00:00:00","guid":{"rendered":"https:\/\/cms.fiveaa.com.au\/uncategorized\/foreign-tax-looms-on-sa-property\/"},"modified":"2015-05-14T00:00:00","modified_gmt":"2015-05-14T00:00:00","slug":"foreign-tax-looms-on-sa-property","status":"publish","type":"post","link":"https:\/\/cms.fiveaa.com.au\/show\/will-goodings\/foreign-tax-looms-on-sa-property\/","title":{"rendered":"Foreign tax looms on SA property"},"content":{"rendered":"<h3>The Government has indicated it may follow Victoria\u2019s lead on taxing foreign investment.<\/h3>\n<p>Foreign nationals who buy a house in Victoria will pay a 3 per cent surcharge on stamp duty from July, and it now appears SA may institute a similar tax.<\/p>\n<p>South Australian Treasurer Tom Koutsantonis has refused to rule out the possibility, reports <a href=\"https:\/\/www.theaustralian.com.au\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Australian<\/a>.<\/p>\n<p>\u201cThe government is currently undertaking a complete review of South Australia\u2019s tax system,\u201d Mr&nbsp;Koutsantonis&nbsp;said.<\/p>\n<p>\u201cAny changes such as these will be considered as part of that.\u201d<\/p>\n<p>Mr Koutsantonis&#8217;&nbsp;refusal to rule out the tax flies in the face of the property council, who says the state would be better off enticing overseas investors.<\/p>\n<p>Daniel Gannon from the Property Council told The Australian that the Victorian tax presented \u201cincredible investment opportunities\u201d for South Australia.<\/p>\n<p>\u201cIt\u2019s time our state ruled out a foreign investment tax and started welcoming foreign investment from across the border,\u201d Mr Gannon said.<\/p>\n<p>Mr Koutsantonis will deliver his budget on June 18.<\/p>\n<p><strong>SEE ALSO: <a href=\"https:\/\/cms.fiveaa.com.au\/sport\/tough-decision-kane-cornes-retires\">&#8216;TOUGH DECISION&#8217; &#8211; CORNES RETIRES<\/a><\/strong><\/p>\n<p><strong>SEE ALSO: <a href=\"https:\/\/cms.fiveaa.com.au\/shows\/rowey-bicks\/malthouse-responds-to-explosive-claims\">MALTHOUSE RESPONDS TO STUNNING CLAIMS<\/a><\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>The Government has indicated it may follow Victoria\u2019s lead on taxing foreign investment. Foreign nationals who buy a house in Victoria will pay a 3 per cent surcharge on stamp duty from July, and it now appears SA may institute a similar tax. South Australian Treasurer Tom Koutsantonis has refused to rule out the possibility, [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":23393,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[231,268],"tags":[],"geo_market":[],"class_list":["post-33086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-show","category-will-goodings"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Foreign tax looms on SA property - FIVEAA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.fiveaa.com.au\/show\/will-goodings\/foreign-tax-looms-on-sa-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign tax looms on SA property\" \/>\n<meta property=\"og:description\" content=\"The Government has indicated it may follow Victoria\u2019s lead on taxing foreign investment. Foreign nationals who buy a house in Victoria will pay a 3 per cent surcharge on stamp duty from July, and it now appears SA may institute a similar tax. South Australian Treasurer Tom Koutsantonis has refused to rule out the possibility, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.fiveaa.com.au\/show\/will-goodings\/foreign-tax-looms-on-sa-property\/\" \/>\n<meta property=\"og:site_name\" content=\"FIVEAA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/1395FIVEaa\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-14T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cms.fiveaa.com.au\/wp-content\/uploads\/2020\/03\/sa-property.png\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tim Ashdown\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@1395FIVEaa\" \/>\n<meta name=\"twitter:site\" content=\"@1395FIVEaa\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim Ashdown\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cms.fiveaa.com.au\\\/show\\\/will-goodings\\\/foreign-tax-looms-on-sa-property\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cms.fiveaa.com.au\\\/show\\\/will-goodings\\\/foreign-tax-looms-on-sa-property\\\/\"},\"author\":{\"name\":\"Tim Ashdown\",\"@id\":\"https:\\\/\\\/cms.fiveaa.com.au\\\/#\\\/schema\\\/person\\\/c9993afbb4e9c76944cb880fa918b687\"},\"headline\":\"Foreign tax looms on SA property\",\"datePublished\":\"2015-05-14T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cms.fiveaa.com.au\\\/show\\\/will-goodings\\\/foreign-tax-looms-on-sa-property\\\/\"},\"wordCount\":188,\"image\":{\"@id\":\"https:\\\/\\\/cms.fiveaa.com.au\\\/show\\\/will-goodings\\\/foreign-tax-looms-on-sa-property\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cms.fiveaa.com.au\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/sa-property.png\",\"articleSection\":[\"Show\",\"Will Goodings\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cms.fiveaa.com.au\\\/show\\\/will-goodings\\\/foreign-tax-looms-on-sa-property\\\/\",\"url\":\"https:\\\/\\\/cms.fiveaa.com.au\\\/show\\\/will-goodings\\\/foreign-tax-looms-on-sa-property\\\/\",\"name\":\"Foreign tax looms on SA property - 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