Stamp duty reform is needed in times of crisis where for every day parts of Australia are in lockdown, billions of dollars are taken away from subsidies to the states, says a UNSW property expert.
Millions of Australians are struggling with unaffordable housing. It’s a systemic problem that’s been decades in the making, and only concerted system-wide reforms will fix it.
The Sydney property market creates shocks that spill over to other capital cities, and Hobart is one of the worst affected, new research from the University of New South Wales shows.
Just how overpriced are Australian dwellings? and what is the outlook for house prices in the next few years? are two of the questions to be discussed at UNSW’s annual Real Estate Symposium.