NSW has recently flagged plans to replace stamp duty with an annual land tax. But NSW Treasurer Dominic Perrottet contends it will be “tough fiscally” to pursue stamp duty and broader GST reform without the help of the federal government:
“It makes sense for them to support [it]. Things can be politically challenging but they don’t need to own the politics of it,” Mr Perrottet said.
“I’ve raised it with the federal Treasurer [Josh Frydenberg] and we’ve had a productive discussion around it.“
