NSW stamp duty receipts rocket to all-time high

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The unprecedented rebound in the New South Wales property market has driven stamp duty receipts to an all-time high, according to data from Office of State Revenue.

In the year to June 2021, stamp duty receipts surged 45% to $7.9 billion, overtaking the previous record high of $7.4 billion in the year to September 2017:

NSW stamp duty receipts

NSW stamp duty receipts hit record high in June.

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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.