The value bands and reduced tax rates are now as follows:
Values up to $400,000 is $1000
The next $400,001 to $800,000 is 0.50%
The next $800,001 to $1,500,000 is 0.55%
The next $1,500,001 to $3,000,000 is 0.60%
The next $3,000,001 to $4,500,000 is 0.65%
The next $4,500,001 to $7,000,000 is 0.70%
The next $$7,000,001 to $12,000,000 is 0.75%
The next $12,000,001 to $30,000,000 is 0.80%
Greater than $30,000,001 is 0.90%