NSW stamp duty receipts lift on property rebound

Wednesday, 21 October 2020

According to the NSW Office of State Revenue, stamp duty receipts have shrugged off COVID-19, returning to growth.

Annual stamp duty receipts rose for five consecutive months to September and have now risen 1.6% above the previous April peak:

It’s a similar story for property transfers, which have also risen for five consecutive months and have risen 1.3% above their April peak:

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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.