A Plan to End Stamp Duty
Making property taxation fairer in New South Wales
There are few, if any, taxes in Australia that are more widely derided than stamp duty. It represents a significant upfront cost when moving home, is is overly relied upon by state governments.
This report outlines one option for moving away from an over-reliance on stamp duty in New South Wales. By replacing stamp duty with an extended land tax, this report finds that those wishing to buy a new home will be better off, with little impact to state revenue.