Shrinkflation hits NSW stamp duty receipts

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By Leith van Onselen

The NSW Office of State Revenue has updated its stamp duty data for September 2016, which shows that annual receipts have begun to fall:

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This fall is being driven by sharply slowing 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.