Stamp Duty creates an unnecessary barrier for first home buyers and is an economic dampener which prevents easy property transfers and best use by owners.

First home buyers are hit with a huge tax at the same moment they take on a giant mortgage debt. Stamp Duty also takes advantage of people forced to sell due to the death of a family member, illness, unemployment, family breakdown or a change in circumstances. It’s an unfair and poorly targeted tax that serves no real economic purpose.