Calls to abolish stamp dutyThe Property Council has renewed calls to abolish stamp duty, following recent research on workforce mobility by the Business Council of Australia.Property Council of Australia Chief Executive, Ken Morrison, said “The Business Council’s report reinforces what we have been saying for years – stamp duty is a ball and chain that deters many Australians from relocating for work.””Workforce mobility is essential as the national economy transitions from the mining investment boom to a new phase of growth.”We need to make sure workers are empowered to relocate to centres of higher employment,” Mr Morrison concluded. The Property Council will be pushing for stamp duty changes in its response to the Federal Government’s tax reform process.For more information, find the Property Council’s media release here
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