NSW to overhaul stamp duty
Michael is joined by Professor Steve Keen, economist & author of ‘Can we avoid another financial crisis?’, regarding the announcement that the NSW government proposes a $25,000 first home buyers grant in their stamp duty overhaul.
NSW Treasurer Dominic Perrottet announced the plan, which would replace existing stamp duty concessions for first home buyers under the property tax reforms to allow buyers to choose paying stamp duty or an annual levy.
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