Property boom $8bn boost to state budgets
Australia's state governments are set for an $8 billion-plus windfall this financial year as booming stamp duty revenue from the property market helps underpin spending plans.... Access Economics senior economist Alan Tregilgas said the main short-term challenge for NSW would be if the property bubble burst. "Each year they've thought it would stop, but it hasn't," he said."

Property boom $8bn boost to state budgets
Australia's state governments are set for an $8 billion-plus windfall this financial year as booming stamp duty revenue from the property market helps underpin spending plans.... Access Economics senior economist Alan Tregilgas said the main short-term challenge for NSW would be if the property bubble burst. "Each year they've thought it would stop, but it hasn't," he said."