Sep 7, 2026 – 4.23pmStamp duty revenue in NSW plunged 20 per cent in July as the national property slump threatened to blow a hole in state government budgets, adding to credit downgrade risks in both NSW and Queensland.NSW collected $739.2 million in stamp duty from residential property transactions in July, down from $919.9 million a year earlier, according to figures released by the state government.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Stamp duty revenue plunges as property slump deepens
NSW reported a 20 per cent drop in collected stamp duty in July as a sharp drop in transactions threatened to blow a hole in state budgets.
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