NSW stamp duty receipts continue to smash records

Tuesday 12 September 2017

The NSW Office of State Revenue has updated its stamp duty data for July 2017, which showed that annual receipts continued to surge on the back of rising Sydney home prices and rebounding transaction volumes:

As shown above, NSW stamp duty receipts hit an all-time high $7,441 million in the year to July, with receipts up an incredible 170% over five years!

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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.