Property pundits poke holes in NSW tax reform plan
New South Wales’ stamp duty reform proposal is facing major scrutiny from all corners of the property sector, with major limitations of the scheme being identified prior to its official rollout.
The NSW government proposal is designed to make buying property in Sydney easier, but it may have unintended consequences. Photo: Shutterstock (Image source: Shutterstock.com)
New South Wales’ stamp duty reform proposal is facing major scrutiny from all corners of the property sector, with major limitations of the scheme being identified prior to its official rollout.
At first glance, a proposal to substantially reform stamp duty would be expected to be met with cheers and celebration from the property sector.
Stamp duty has long been a thorn in the side of real estate agents across Australia, with the expensive imp…
