NSW releases fantasy pre-election budget

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By Leith van Onselen

The NSW Pre-Election Budget Update has been released, which has marked down stamp duty receipts in the wake of Sydney’s bursting property bubble.

December’s Mid-Year Budget Update projected the following stamp duty receipts:

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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.