State governments relying more on stamp duty

New data from the Housing Industry Association (HIA) shows that the overall proportion of state government revenue coming from stamp duty on property purchases is the highest it has been for ten years. The data is contained in the HIA’s latest quarterly ‘Stamp Duty Watch’ report. Highlights: The dependence of Australia’s states on stamp duty […]

Adelaide Council applauds stamp duty abolishment

.Adelaide City Council has welcomed the South Australian Government’s decision to abolish stamp duty for Off-The-Plan apartment sales of up to $500000 in the Adelaide City Council area for two years. Lord Mayor Stephen Yarwood said it was a sign of the government’s willingness to work with the council to boost city living.  “This proposal […]

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