Stamp Out Stamp Duty

Reasons for signing

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Stephen Terry
10 years ago
a better balanced tax system

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Tom Slack
10 years ago
Increase affordability - i do not want to rent forever.

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Michael Cichorski
10 years ago
Unfair property prices in Australia as a result of collusion between government, banks and developers. Eliminate stamp duty.

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Maireid Sullivan
10 years ago
I agree with this reasoning.

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Eli Beke
10 years ago
Because a tax on housing is a big barrier to first home ownership, which is currently not possible.

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anthony Turnbull
10 years ago
Stamp duty is a tax on people trying to get a roof over their heads and a government grab/steal for a part of the "pie" which they in no way are entitled too, it's hard enough to save for a deposit and then get slugged with the extra tax once you think you have a foot in door. Give first home buyers relief now!

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David Brooks
10 years ago
Taxation is theft!

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Bryan Kavanagh
10 years ago
Good stuff! Stamp duty's a rotten imposition which adds to cost, whereas an ongoing land tax is a holding charge which acts to reduce land prices.

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David Collyer
10 years ago
Buying a home is a major life-event. Most people need a mortgage to bridge the gap between their savings and house prices. But the Victorian government imposes Stamp Duty at this critical point, increasing the capital needed and lengthening mortgage repayments by an average seven years. Many citizens are either excluded or deterred from home ownership by this extra cost, which traps them in the rental market. We are all diminished.

There is a better way. Remove this burden and fund the change by ending the principal residence exemption from State Land Tax, an efficient and just way to fund government.