NSW stamp duty receipts bounce back

Monday 22 March 2021

The strong rebound in the New South Wales property market has driven an equally strong lift in stamp duty receipts, according to new data from Office of State Revenue.

In the year to February 2021, stamp duty receipts rose 18% to $6.2 billion; although they remains below the all-time high $7.4 billion in stamp duty collected in the year to September 2017:

NSW stamp duty receipts are rising fast.

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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.