WA stamp duty bust an ominous warning sign for NSW/VIC

Friday, 21 December 2018

Over recent months, MB has frequently ridiculed the VIC and NSW Governments’ optimistic projections for stamp duty receipts, which have forecast only modest downturns (see red bars below):

Despite heavy losses in both dwelling values and transaction volumes:

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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.