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Could scrapping stamp duty lead to ‘more efficient’ use of housing stock? By Maja Garaca Djurdjevic 20 July 2021 | 1 minute read SHARE The answer to current shortfalls in housing supply and soaring property prices could be the removal of stamp duty in favour of annual land taxes, a federal government body has found. The National Housing Finance and Investment Corporation (NHFIC) has suggested that removing stamp duty could increase housing mobility, leading to more efficient use of the nation’s housing stock. In a new report titled Stamp Duty Reform: Benefits and Challenges, the NHFIC explored replacing stamp duty with a broad-based land tax in all states and territories to help improve economic efficiency. ....
Why COVID strengthens the case for abolishing stamp duty theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.
Why COVID strengthens the case for abolishing stamp duty smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
Why COVID strengthens the case for abolishing stamp duty brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.
NHFIC backs stamp duty removal mortgagebusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagebusiness.com.au Daily Mail and Mail on Sunday newspapers.