The Real Estate Institute of Queensland (REIQ) has welcomed Federal Housing Minister Clare O’Neil’s recent endorsement of stamp duty reform, signaling a pivotal moment for potential tax changes in the state. Speaking on ABC RN, Minister O’Neil highlighted the Albanese Government’s support for greenfield development, higher-density infill, and transitioning away from stamp duty—a tax she described as “bad.”
REIQ CEO Antonia Mercorella sees this as an opportunity for the Queensland Government to collaborate with federal officials in phasing out the state’s longstanding stamp duty, a move aimed at enhancing homeownership rates across Queensland.
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