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NSW firms to win amid property tax change

from The Australian

Businesses look likely to be the big winners under a new emergency services tax which will affect millions of NSW property owners. The new tax, designed to replace the emergency services levy on household insurance policies, will cost about $160 on average a year. The NSW government estimates insurance premiums will fall by about $200 a year because of the change, giving the average property owner a saving of $40. more

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