Jun 15, 2026 – 3.53pmNew figures revealing sharp falls in the volume of property sales in Victoria and NSW in the past two months have sounded a warning that stamp duty collections in Australia’s two most populous states are waning fast.The numbers come as global credit ratings agency Fitch International warned the Albanese government’s planned changes to negative gearing and capital gains tax are creating greater risks in a property sector being buffeted by interest rate rises and supply chain problems.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles