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Property price slump creates a billion-dollar problem for the state budget
Treasury sensitivity analysis says an 8% property shortfall could cut revenue by $1.8 billion and threaten Labor’s $1 billion surplus.
Summary by Sydney Morning Herald
4 Articles
4 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
Property price slump creates a billion-dollar problem for the state budget
The government forecast property prices would rise by 3.9 per cent this year. Experts now expect a 4 per cent fall, which would deliver a major hit to stamp duty revenue.
·North Sydney, Australia
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Total News Sources4
Leaning Left3Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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