Domain is pushing for stamp duty reform, with chief executive and managing director Jason Pellegrino arguing the tax is getting in the way of home buyers’ ability to buy the house they need.
While there has been some movement on the issue in NSW and the ACT, Mr Pellegrino said, “there needs to be political will” to move forward with stamp duty reform.
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Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com