Aussie stamp duty receipts pass their peak

Tuesday, 30 April 2019

Yesterday, the ABS released its tax revenue data for the 2017-18 financial year, which revealed that total state and territory stamp duty receipts peaked at $21.7 billion in 2017-18:

The breakdown across the jurisdictions are shown below. As you can see, NSW and VIC enjoyed an epic boom on the back of the property bubble:

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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.