Why Victoria should swap stamp duties for a broad-based property tax

by Brendan Coates, Joey Moloney

21.04.2023 Submission
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Submission to the Victorian Legislative Council inquiry into land transfer duty fees

Victoria has one of the least efficient tax bases of any state or territory. Replacing stamp duties with general property taxes would produce a big economic payoff. Shifting from stamp duties to a broad-based property tax could make Victoria up to $5 billion a year better off, while also improving housing affordability.

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Brendan Coates
Economic Policy Program Director
Brendan Coates is the Economic Policy Program Director at Grattan Institute, where he leads Grattan’s work on tax and transfer system reform, retirement incomes and superannuation, housing, macroeconomics, and migration.

Joey Moloney
Economic Policy Deputy Program Director
Joey Moloney the Deputy Program Director of Grattan Institute’s Economic Policy program. He has worked at the Productivity Commission and the Commonwealth Treasury, with a focus on the superannuation system and retirement income policy.

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