NSW and Victoria governments are pushing to abolish stamp duty and replace it with an annual land tax as part of broad fiscal reforms to fund the economic fallout from the COVID-19 economic shutdown.
The bipartisan push to get federal-state fiscal relations back on the reform table, comes as Prime Minister Scott Morrison has signalled major changes will be needed to ensure job and income growth.
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Tom Burton has held senior editorial and publishing roles with The Mandarin, The Sydney Morning Herald and as Canberra bureau chief for The Australian Financial Review. He has won three Walkley awards. Connect with Tom on Twitter. Email Tom at tom.burton@afr.com
