Oz lottery: Win $85 billion in Stamp Duty reform

Peter Martin, Australia’s clearest economic writer, has turned his icy gaze to Stamp Duty. This vile tax causes real harm to all of us and begs to be struck from the statute books. Yes, it is a state tax. Yes, the feds can push reform along and add $85.5 billion to...

Real estate is no market

Well, it certainly looked like a market today: all those people assembled at the auction, wanting to see what that four bedroom, two bathroom brick veneer house with a double garage was worth. Near new; attractive and efficient layout; sitting nicely on a well...

NSW fire services to be funded by the land

The NSW government is reforming how it funds fire services, removing the charge on fire insurances and introducing a land-based levy. NSW Treasurer Dominic Perrottet says: “Eliminating the old (Emergency Services Levy) is expected to reduce insurance costs on...