NSW stamp duty receipts crash 16% over past year

Monday 17 December 2018

Following on from yesterday’s post on the $8 billion downgrade to the NSW Government’s stamp duty receipts, the NSW Office of State Revenue has released stamp duty data to October, which reveals a $1.2 billion (16%) decline over the past year:

As shown above, annual NSW residential stamp duty receipts ($6,231 billion) in October fell further from October 2017’s all-time high of $7.496 billion.

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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.