Another commentator calls for stamp duty/land tax switch

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Jessica Irvine has penned another article imploring policy makers to replace property stamp duties with a broad-based land tax:

Even as young Australians can’t afford the homes they want, many older Australians say they don’t want the homes they currently have. A mismatch, of sorts…

This brings us to the final strand of this story and findings released this week from an ongoing review by former Telstra CEO David Thodey of state and federal financing arrangements, being conducted for the NSW government.

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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.