Interesting article in today’s Age about stamp duty. It looks like some very influential people are advocating for it to be severely scaled down or abolished.This is an argument that is long overdue in my opinion, but it will be politically difficult as the revenue reductions for state government will need to be made up somewhere, and that somewhere will probably be either an increase in the GST duty, or increases in income tax.
More
News & Resources
Government Fees and Taxes Add to Hidden Forces Behind Rising Construction Costs
Construction Costs Continue to Climb Across Australia Construction costs in Australia continue to rise, driven by a range of hidden and compounding factors. Although industry
Mortgage Brokers Warn Against Overstretching as RBA Cuts Rates Again
RBA Cuts Interest Rates for the Second Time in 2025 The official cash rate has dropped below 4% for the first time since 2023, after
Financial Services Industry Welcomes New Federal Minister
The Re-Elected Albanese Government Names New Ministry The re-elected Albanese government has sworn in its new ministry and there is a new face for the