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Property legislation in all states is grounded upon the Torrens principle of registration of title. [1] This posits that each state has a central register of all land in the state and that the register also shows the 'owner' of the land. This system was devised to reduce the amount of fraud relating to land due to the falsification of title deeds.
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.
Each state in Australia has a different regime for the regulation and bureaucratisation of land. Property law is a largely statute-based but continues in important aspects to be influenced by the common law and principles that originate from Australia's history as a British colony , where land and estate law developed through the ambit of ...
There may be some acquisitions of property to which section 51(xxxi) does not apply, such as those made under laws supported exclusively by section 122 of the Constitution. [ 12 ] [ 13 ] [ 14 ] Section 51(xxxi) is an exception to the norm for interpretation of the subsections of section 51 , that one grant of power cannot be used to "read down ...
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.
The Pitjantjatjara and Yankunytjatjara people (aṉangu) had lived in this area for many thousands of years.Even after the British began to colonise the Australian continent from 1788 onwards, and the colonisation of South Australia from 1836, the aṉangu remained more or less undisturbed for many more years, apart from very occasional encounters with a variety of European explorers.
Under Commonwealth of Australia law, applicable only in the Northern Territory, they are agreements that allow for the use of Crown land by farmers. [ 3 ] Native title can co-exist with pastoral leases, and Indigenous land use agreements may be made between the leaseholder and the affected native title group.
At the start of the 20th century, Western Australia had six land divisions which cover the whole state, divided into 80 land districts. The land districts were further subdivided into locations and lots. Western Australia also had 26 counties, all located in the south-west corner of the state, around Perth.