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Robert Breunig

NSW's brave stamp duty switch should be even bolder

Instead of a slow opt-in transition, moving all property owners onto a land tax system in one fell blow would be a fairer and simpler reform.

For taking our nation’s most significant step to date in the shift from stamp duty to "property tax", NSW Treasurer Dominic Perrottet is to be applauded.

For leveraging the impact of COVID-19 to that end, the NSW Treasurer has applied a political nous that is evident throughout the proposal he has brought forward. He has raised the bar for other states to follow.

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Robert Breunig is director of the Tax and Transfer Policy Institute at the Australian National University.

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    Original URL: https://www.afr.com/policy/tax-and-super/nsw-s-brave-stamp-duty-switch-should-be-even-bolder-20201118-p56fkh