Conflicting signals on Victorian housing shrinkflation

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By Leith van Onselen

There are conflicting signals coming out of the Victoria housing market.

Back in September, the ABS’ residential property data for the June quarter showed a big drop in transfer volumes, which also portended a sharp fall in stamp duty receipts:

ScreenHunter_15156 Sep. 28 15.22
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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.