During a huge property price boom fuelled by low interest rates and constrained land release, the ACT government has become addicted to collecting stamp duty to fund its ever-increasing spending.
John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
