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State braces for big stamp duty revenue hit as home sales fall.
A forecast decline of NSW property sales through 2027 will have a ripple effect through the NSW coffers. One analysis suggests a $3.1 billion drop-off in state duty revenue alone.
NSW Stamp Duty
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Regulation
Home buyers deserve ‘a fair go’ with stamp duty
AICNSW boss says ‘consumers purchasing houses are disadvantaged because they cannot know with certainty how much tax is due’.