NSW stamp duty receipts crash 19%

Wednesday 23 January 2019

The NSW Office of State Revenue has released stamp duty data to December, which reveals a $1.3 billion (18%) decline over the past year and a $1.5 billion (19%) decline since stamp duty receipts peaked in October 2017:

The latest retracement in stamp duty receipts follows a sharp 15% decline in property transfers over the past year:

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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.