The Quicky Killing Stamp Duty & How To Make Houses Cheaper
The NSW Government recently announced a serious shake up to Stamp Duty, promising that from 2023, First Home Buyers will be able to choose between paying this up front, or paying an annual fee plus a percentage of the land value, known as land tax.
But why does the government even need this money? And will the change really help those people trying to get a foot on the ladder, or should our politicians be doing more?
The Quicky speaks to a would-be First Home Buyer, and a property market expert to find out what it will take to really solve the housing affordability crisis in Australia.
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CREDITS
Host: Gemma Bath
With thanks to:
Katie Stow - Mamamia's Evening Editor, who is currently trying to buy her first home in Sydney
Dr Nicola Powell - Chief of Research and Economics at Domain
Producer: Claire Murphy / Gemma Bath
Executive Producer: Siobhán Moran-McFarlane
Audio Producer: Thom Lion
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