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Housing Industry calls for government to drop stamp duty

Oliver Peterson
Article image for Housing Industry calls for government to drop stamp duty

The Housing Industry Association is calling for all states and territories in Australia to drop stamp duty in a bid to make housing more affordable.

Stamp duty makes up approximately 33 per cent of the cost of buying a new home in Western Australia.

The Housing Industry Association deputy managing director of policy and industry Jocelyn Martin told Oliver Peterson on Perth Live the upcoming budget should include tax reforms.

“We see it as an opportunity to at least put the reform for tax on housing on the agenda,” said Ms Martin.

Press PLAY below to hear why Ms Martin wants stamp duty to be cut

“We do want everyone to acknowledge the amount of tax that is ono housing… it is one of the most heavily taxed sectors in the whole economy.”

Oliver Peterson
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