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Could scrapping stamp duty lead to 'more efficient' use of housing stock?


Could scrapping stamp duty lead to ‘more efficient’ use of housing stock?
By Maja Garaca Djurdjevic
20 July 2021
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1 minute read
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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. ....

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Why COVID strengthens the case for abolishing stamp duty

Why COVID strengthens the case for abolishing stamp duty
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Why COVID strengthens the case for abolishing stamp duty

Why COVID strengthens the case for abolishing stamp duty
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Why COVID strengthens the case for abolishing stamp duty

Why COVID strengthens the case for abolishing stamp duty
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