NSW opposition plans to slug car buyers with the highest stamp duty in Australia

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NSW Labor leader Michael Daley plans to increase stamp duty to the highest rate in the nation – to 7 per cent on vehicles priced above $100,000. This would be in addition to the 33 per cent Luxury Car Tax and 10 per cent GST already levied on cars in this price range. Mr Daley says he wants the “wealthiest in society” and “the big end of town” to pay for more nurses as part of his $240 million plan to legislate minimum nurse-to-patient ratios.

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