No bust in NSW stamp duty receipts
Advertisement
According to the NSW Office of State Revenue, stamp duty receipts have shrugged off COVID-19, treading water.
Annual stamp duty receipts in rose for three consecutive months to July, but remain marginally (1%) below their from April peak:

It’s a similar story for property transfers, which have also risen for three consecutive months, but remain 1.4% below their April peak:
Advertisement

The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement