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Andrews ignored advice to axe stamp duty in housing plan

Michael Bleby

Victorian Premier Daniel Andrews’ push to reform planning and build 800,000 new homes over the next decade ignores recommendations from the state’s infrastructure adviser and parliament to replace stamp duty with a broad-based land tax that would free up existing housing stock.

The policies Mr Andrews announced this week to supercharge home-building – which the construction industry said would require an extra 50,000 workers – failed to recognise the way tax reforms could ensure more efficient use of existing dwellings, critics said.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/residential/andrews-ignored-advice-to-axe-stamp-duty-in-housing-plan-20230922-p5e6qo