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$60,000 Spanish dollars [11] 1824 728 km² ~82 Spanish dollars/km² Tranquebar, Serampore, and other continental holdings of Danish India [12] United Kingdom Denmark: 125,000 GBP or 1,125,000 Danish krone: 1845 ~44 km² ~2840 GBP/km² or ~25,600 Kr/km² California, Nevada, Utah, Arizona United States Mexico: $18,250,000 USD 1848 1,360,000 km²
The statutory provisions of pastoral leases are covered by the New Zealand Crown Pastoral Land Act 1998 and the Land Act 1948. The holder of the lease has: [11] the exclusive right of pasturage; a perpetual right of renewal of the lease for terms of 33 years; no right to the soil, and; no right to acquire the fee simple of any of the land.
Selection is the act of choosing and acquiring a subdivided tract of land for farming purposes in Australia. A selection is also descriptive of the plot of land that was selected. The term derived from "free selection before survey" of crown land in some Australian colonies under land legislation introduced in the 1860s. These acts were ...
1999: Property sale proceeds subject to Capital Gains Tax reduced from 100 to 50 per cent (for property held at least one year), while 100 per cent of costs remained deductible. 2000: July - The Federal government introduces the First Home Owners Grant of $7,000 for established homes, and $14,000 for newly built homes.
South Australia was the first Australian state to introduce a land tax, based on the unimproved capital value of land, in 1884. [6] [7] In 1910, George Allen (first secretary to the Treasury) founded the Land Tax Office to service land taxes at the federal level as a form of wealth tax and as a means to break up large tracts of underutilised land.
In Australia, an Aboriginal land trust (ALT) is a type of non-profit organisation that holds the freehold title to an area of land on behalf of a community of Aboriginal Australians. The land has been legally granted to a community by the government under a perpetual lease, usually after the community makes a formal claim of traditional ownership .
Property Law Act 1958 [10] Sale of Land Act 1962 [11] Australian Capital Territory: Civil Law (Property) Act 2006 [12] Civil Law (Sale of Residential Property) Act 2003 [13] Queensland: Property Law Act 1974 [14] Land Titles Act 1994 [15] Northern Territory: Law of Property Act [16] Land Title Act [17] South Australia: Law of Property Act 1936 [18]
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.