NSW stamp duty dives as transactions and prices tumble

Sunday 23 September 2018

The NSW Office of State Revenue has updated its stamp duty data for August 2018, which reveals that residential stamp duty receipts are plummeting following a monumental five-year boom:

As shown above, annual NSW residential stamp duty receipts ($6,616 billion) in August retraced further from October’s all-time high of $7.516 billion; although receipts were still up an incredible 89% 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.