There have been recent calls from REIWA boss Damian Collins for an overhaul of our Stamp Duty system.
He is proposing an annual Stamp Duty fee instead of a lump sum payment. Which he thinks will help many homeowners financially when buying and selling property.
It may even mean that the WA State Government budget will be more stable in the way of constant incoming revenue.
What do you think of this new proposal? Would you opt for the annual fee OR would you prefer to keep the current system?