State budget: stamp duty on non-real property transfers and non-quoted marketable securities

Status: Current
Legislation: Stamp Duties Act 1923
Date Issued: 31 May 2012

Information Circulars do not have the force of law.

Background

The Government previously announced that it would abolish stamp duty on non-quoted marketable securities from 1 July 2012 and on non-real property transfers from 1 July 2013.

Discussion

As part of the 2012-13 Budget, the Government today announced that the abolition of stamp duty on non-real property transfers and on non-quoted marketable securities will both be deferred until budget circumstances allow.

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