Australian Property

NSW stamp duty receipts hit by ‘shrinkflation’

Leith van Onselen
Tuesday 29 November 2016
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By Leith van Onselen

The NSW Office of State Revenue has updated its stamp duty data for October 2016, which shows that annual receipts continue to fall despite rising property prices:

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This fall is being driven by falling housing transfers:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.