NSW stamp duty receipts soar into orbit

Monday 13 September 2021

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 July 2021, stamp duty receipts surged 54% to a record high $8.4 billion:

Part of the lift in stamp duty receipts is attributable to rising transfer volumes, which surged 39% year-on-year in July to a record high 224,201:

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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.