Will stamp duty reform work?

Buying a house in NSW has never been harder. Will the NSW Government’s stamp duty policy make it easier?

Key and a key ring

Over the past few months, we’ve seen interest rates rise steadily. This has made prospective home buyers less hopeful for the market to soften, and for housing to become more affordable.

In response, the NSW Government announced the reform to stamp duty, which gives first homebuyers the option to opt-out of stamp duty, and into an annual tax.

But is stamp duty an impediment to property purchasing?

In this episode of Think: Business Futures, presenter Stefan Posthuma chats to Harry Scheule, Professor of Finance at the UTS Business School and Simon Pressley, Founder and Managing Director at Propertyology about the implications of the stamp duty reform on housing affordability.

LISTEN > Will stamp duty reform work | 13 September 2022 | 29 min

GUEST BIOS

Harry Scheule is a Professor of Finance at the UTS Business School. See Harry’s bio on UTS experts.  

Simon Pressley is the Founder and Managing Director at Propertyology. See Simon’s bio on LinkedIn.   

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Think: Business Futures is produced by 2SER in partnership with UTS Business School.

Acknowledgement of Country

UTS acknowledges the Gadigal people of the Eora Nation, the Boorooberongal people of the Dharug Nation, the Bidiagal people and the Gamaygal people, upon whose ancestral lands our university stands. We would also like to pay respect to the Elders both past and present, acknowledging them as the traditional custodians of knowledge for these lands.