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Lurch · 10-31-2007, 07:40 AM

I would expect that the builder would get the benefit, not the buyer, in most cases. I sold a new infill house last time when the GST went down, and since the sales contract was written "price inclusive of GST" we simply made more money as a result of the cut - the house price was unchanged. Your contract may be different, but as far as I know, ours was pretty standard.

10-31-2007, 07:40 AM	#38
Lurch Scoring Winger Join Date: Jan 2004 Exp:	I would expect that the builder would get the benefit, not the buyer, in most cases. I sold a new infill house last time when the GST went down, and since the sales contract was written "price inclusive of GST" we simply made more money as a result of the cut - the house price was unchanged. Your contract may be different, but as far as I know, ours was pretty standard.