NSW stamp duty receipts rebound hard

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NSW stamp duty receipts continue to rebound strongly from their COVID-19 funk.

Annual stamp duty receipts rose for seven consecutive months to November and have now risen 4.2% above the previous April peak:

It’s a similar story for property transfers, which have also risen for seven consecutive months and are 5.0% 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.