NSW stamp duty receipts blow the roof off

Monday 29 November 2021

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

In the year to October 2021, stamp duty receipts surged 65% to a record high $9.4 billion:

Average stamp duty has also risen to a record high $40,400:

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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.