Australian budget Australian Property Featured Article

NSW stamp duty receipts collapse

Monday 22 October 2018

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

As shown above, annual NSW residential stamp duty receipts ($6,517 billion) in September fell further from October’s all-time high of $7.516 billion; although receipts were still up an incredible 81% 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.