Could Stamp Duty Be Abolished?

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.


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