Anyone following the NSW state election campaign would get the impression stamp duty is on the way out, which would be a good thing.
Just about every investigation of Australia’s tax system has wanted it abolished. By taxing homeowners who move rather than stay put, it penalises moving in order to get a better job, or downsizing and upsizing as family sizes change.
Both sides of NSW politics have promised to get rid of it for low-price first homebuyers. But as Joey Moloney explains this morning, neither side is serious. Stamp duty has grown to the point it accounts for more than one-fifth of state government revenues. Without the courage to name the tax that will replace it, they are merely tinkering and posturing.
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Peter Martin
Business + Economy Editor
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Joey Moloney, Grattan Institute; Brendan Coates, Grattan Institute
Neither NSW Labor nor the NSW Coalition is actually proposing to axe stamp duty. Neither are any of the other states or territories, apart from the ACT.
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Wesley Morgan, Griffith University
Has climate action bogged down? Hardly. Nations are redoubling their efforts in visible and less visible ways.
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Libby (Elizabeth) Sander, Bond University
While there’s nothing new about the return-to-work blues, few companies have any strategy to facilitate readjustment to work after vacation.
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Sarah Wayland, University of New England
Children and the adults they become need to choose how they grieve. That may include sharing their experiences and getting angry.
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Alexander Titov, Queen's University Belfast
Alex Titov took a trip home to St Petersburg in December. Here’s what he found.
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Stuart Kells, La Trobe University
In a post-truth era, with limited resources, archivists face difficult decisions about what should be preserved, but the problem is not new.
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Jodi McAlister, Deakin University
The new season of the Bachelor franchise has changed the formula, in a bid to combat audience fatigue and dropping ratings.
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Eamonn Jordan, University College Dublin
Award season favourite The Banshees of Inisherin is a compelling exploration of justice and the chaotic extremes some will go to to get it.
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Science + Technology
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Sara Webb, Swinburne University of Technology
To understand this question, we need to travel back in time.
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Environment + Energy
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Zoe Doubleday, University of South Australia
Ranging from 12 to 22 centimetres, these tiny octopus are extremely venomous and found all over Australia. Here’s what to do if you see someone get bitten.
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Arts + Culture
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Andrea Jean Baker, Monash University
Aussiewood sprinkled its star dust at this year’s 80th Golden Globes with five nominations and an acting win for Cate Blanchett.
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