Pitch Engine
Times Advertising


.

Stamp duty isn’t going anywhere until we can agree on the tax to replace it

  • Written by Joey Moloney, Senior Associate, Grattan Institute
Stamp duty isn’t going anywhere until we can agree on the tax to replace itShutterstock

Nearly all economists and most politicians seem to agree stamp duty is a bad tax. But nearly all state and territory governments rely on it to keep the lights on.

It’s a bad tax because it taxes homeowners every time they move, merely because they have moved. At A$40,000 per move on a median-priced home in Sydney or Melbourne,...

Read more: Stamp duty isn’t going anywhere until we can agree on the tax to replace it

More Articles ...

  1. Feeling flat now you're #BackToWork? A post-holiday slump is normal, but these clues signal it's time for a new job
  2. The housing wealth gap between older and younger Australians has widened alarmingly in the past 30 years. Here's why
  3. The rent crisis is set to spread: here's the case for doubling rent assistance
  4. What if your colleague is a bot? Harnessing the benefits of workplace automation without alienating staff
  5. How housing made rich Australians 50% richer, leaving renters and the young behind – and how to fix it
  6. What is income protection insurance – and how's it different to total and permanent disability insurance?
  7. 'Boys will be boys': why consumers don't punish big polluters for greenwashing lies
  8. Micro-aggressions are repeated acts that send women backwards. Here's how micro-accommodations can fight back
  9. Discovering the 'honeypot': the surprising way restricting immigration can turn out to hurt the working poor
  10. 12 ways to finally achieve your most elusive goals
  11. Digital nomad visas offer the best of two worlds: what you should know before you go
  12. India's 'untouchable' women face discrimination even in schemes meant to help them
  13. Open banking is coming to New Zealand – here’s what we can learn from countries already doing it
  14. Are nudges sinister psychological tricks? Or are they useless? Actually they are neither
  15. Already under fire politically, Three Waters is also threatened by NZ's critical shortage of skilled engineers
  16. Fuelled by hope and fear, cryptocurrency markets are primed for contagion
  17. 90% of young people had financial troubles in 2022, and 27% used 'buy now, pay later' services
  18. Clearer rules on reporting companies' climate risks could soon put us on a path to decarbonising corporate Australia
  19. How to win the gift-stealing game Bad Santa, according to a mathematician
  20. Why would you dump a requirement for financial advisers to give advice that's in their client's best interests?
  21. Hotel booking sites actually make it hard to get cheap deals, but there's a way around it
  22. How FTX Australia was able to get away with claiming it was 'ASIC-licenced'
  23. 'I thought crypto exchanges were safe': the lesson for everyone in FTX's collapse
  24. Will price caps on coal and gas bring power prices down? An expert isn't so sure
  25. What is the Indo-Pacific Economic Framework, about to be negotiated in Brisbane?
  26. Wage theft has reached pandemic proportions, so why hasn't the Albanese government criminalised it?
  27. This latest increase in RBA interest rates might well be the last, for some time
  28. Pay secrecy clauses are now banned in Australia; here's how that could benefit you
  29. HILDA finds working from home boosts women's job satisfaction more than men's, and that has a downside
  30. Half a century on, it's time to reassess the Whitlam government's economic legacy
  31. 20 years of tracking sexual harassment at work shows little improvement. But that could be about to change
  32. How Australian economist Sean Turnell came to be in and freed from a Myanmar jail
  33. 'Zombie' wage deals have hurt Australians for years. Here's how new industrial relations laws could finally end your wage pain
  34. Labour's share of national income has been remarkably consistent since the 1860s
  35. Don't just bet on the metrics – personal connection is the real key to managing remote workers well
  36. Do tenancy reforms to protect renters cause landlords to exit the market? No, but maybe they should
  37. As NZ workers and households tighten their belts, why not a windfall tax on corporate mega-profits too?
  38. Groceries delivered in 60 minutes: it's on the cards but just not yet
  39. Elon Musk's 'hardcore' management style: a case study in what not to do
  40. Christmas may be safe, but three-year port dispute shows the IR system is full of holes
  41. It's time to add climate change and net-zero emissions to the RBA's top 3 economic goals
  42. Victoria's economic growth leads nation, as NSW falls to last place
  43. China's influence in Myanmar could tip the scales towards war in the South China Sea
  44. Deliveroo's exit from Australia shows why gig workers need more protection
  45. Super funds should use their substantial holdings for public good
  46. To start cutting gas and electricity prices, here's what the government looks likely to deliver by Christmas
  47. Chokepoint Capitalism: why we'll all lose unless we stop Amazon, Spotify and other platforms squeezing cash from creators
  48. A mandate for multi-employer bargaining? Without it, wages for the low paid won't rise
  49. Why giving the Commerce Commission the power to set 'fair' fuel prices is unfair on NZ’s climate targets
  50. 'A kind of meditative peace': quiet hour shopping makes us wonder why our cities have to be so noisy