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AAP
AAP
Politics
Jack Gramenz

Governor takes aim at tax barrier to economic mobility

Encouraging more empty nesters to downsize has been flagged as a way to help fixing housing supply. (James Ross/AAP PHOTOS)

An age-old tax keeping empty nesters in huge homes while young families squeeze into apartments has drawn renewed ire from a frequent critic.

Successive Reserve Bank governors have criticised stamp duty, the tax paid on property purchases.

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