REIA has long argued stamp duties are a highly inefficient tax that limits population mobility as highlighted in the Henry Tax Review.
The Real Estate Institute of South Australia and the Real Estate Institute of Australia argue for an adjusted GST to replace stamp duty revenues.
Industry push to overhaul property taxation following government's tax discussion paper.
Accounting professional body CPA Australia has proposed scrapping stamp duty on property conveyancing and lifting the GST to make up any funding shortfall.
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