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Robert Harley

Stamp duty choice is seductively simple – or is it?

The choice on the table – whether to continue to pay big, upfront stamp duty imposts or opt into the proposed NSW property tax regime – has given the market much to think about.

Charter Hall Group is Australia’s leading property buyer, and has acquired about $4 billion to $5 billion of commercial real estate every year at a huge cost in stamp duty.

So what does managing director David Harrison think of Perrottet’s choice – of whether to continue to pay big, upfront stamp duty imposts or opt into the proposed NSW property tax regime.

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Robert Harley is a former property editor of The Australian Financial Review. Connect with Robert on Twitter. Email Robert at rob@rharley.com.au

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    Original URL: https://www.afr.com/property/residential/stamp-duty-choice-is-seductively-simple-or-is-it-20201125-p56hse