This report challenges the view that the highly sought-after stamp duty to land tax reform is too 'politically difficult' to achieve. For politicians searching for a circuit-breaker on state tax reform, this model offers generous but logical concessions for existing owners, choice for future buyers, and an attractive introductory period to secure early support.

This report is timely in its analysis of vacancy at the peak of the Melbourne property cycle. During the period of this study, vacancy taxes had not been enacted at a state level.

Canberra’s innovative Land Rent Scheme has been singled out in this research that shows if applied nationally, government could significantly reduce the cost of secure, long-term housing.

Prosper Australia commissioned Dr Cameron Murray to examine the early benefits of ACT’s 20 year process replacing conveyancing stamp duty with land tax. This report outlines the findings.