Stamp duty
NSW takes extra $5b from property price explosion amid pandemic
Rising house prices fuel surge in stamp duty revenue, but economists call for the tax on property transactions to be abolished.
- by Andrew Taylor
Latest
The other housing tax no one’s talking about this election
Negative gearing and capital gains tax arrangements are off the table, but there’s another tax reform that could improve housing affordability over time.
- by Elizabeth Redman
Pallas warned Victoria’s $10 billion stamp duty bonanza won’t last
Victoria reaped a remarkable property tax windfall that bolstered this year’s budget but experts believe there could be leaner times ahead.
- by Noel Towell
Exclusive
NSW floods
‘Realities of a changed climate’: Joyce says people must be lured off floodplains
Deputy Prime Minister Barnaby Joyce told the Herald that residents should not be ordered off the floodplains but assisted to move through subsidies. However, this was the responsibility of state governments only.
- by Michael Koziol
Exclusive
Property market
Mid-range home-buyers paying a growing share of stamp duty
Properties in the $1m to $3m price range are increasingly fuelling NSW’s stamp duty haul, new figures show
- by Matt Wade
Opinion
Property prices
Don’t retreat on stamp duty abolition, NSW: this is a reform the whole nation needs
It seems Australian politicians are losing their nerve for gutsy economic reform. This one was holding some promise - so don’t let it go, Dominic Perrottet.
- by Danielle Wood
NSW overhaul of stamp duty needs federal support: Kean
Matt Kean appeared to be shifting from Premier Dominic Perrottet’s long-held plan to axe stamp duty when he appeared before his first budget estimates as Treasurer.
- by Alexandra Smith and Matt Wade
Editorial
Editorial
Premier should not be deterred from bold move on tax reform
Dominic Perrottet needs a concrete proposal on changes to stamp duty to take to voters before the next election.
- The Herald's View
NSW Treasurer walks back from Perrottet’s push to overhaul stamp duty
NSW Treasurer Matt Kean has made a significant shift away from Dominic Perrottet’s long-pursued plan to axe stamp duty.
- by Alexandra Smith and Lucy Cormack
Stamp duty crimps property listings, pushing up prices
An annual land tax instead of upfront stamp duty would see more properties come to market and help restrain rising prices.
- by John Collett
Exclusive
Property prices
Federal government urged to intervene with states on stamp duty
An inquiry into housing affordability has heard states should be incentivised by the federal government to scrap stamp duties, which can add tens of thousands of dollars to house prices.
- by Jennifer Duke