Victoria shows Australia how to finally abolish stamp duty once and for all
- Written by Brendan Coates, Program Director, Economic Policy, Grattan Institute
ShutterstockMajor state tax reforms are few and far between in Australia, which is what makes Tuesday‘s Victorian budget very, very significant.
Victoria’s government announced it will abolish stamp duty for commercial and industrial properties and replace it with an annual property tax.
The Victorian model shows how state governments...
Read more: Victoria shows Australia how to finally abolish stamp duty once and for all