Winter is coming for NSW stamp duty receipts

Tuesday 12 July 2016

The NSW Office of State Revenue has updated its stamp duty data for June 2016, which reveals that receipts appear to have peaked:

And this peaking has occurred primarily on the back of sharply slowing housing transfers, whose year-on-year growth rate is about to turn negative:

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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.