Matt Grudnoff
Matt Grudnoff is a senior economist at the Australia Institute, where he focuses on economic policy and its implications for Australian households. In a recent discussion regarding the burdens of stamp duty, Grudnoff highlighted how this tax discourages homeowners from relocating for work or downsizing, particularly as housing prices have risen. He suggested that while the ACT's approach of phasing out stamp duty in favor of a land tax offers a more equitable solution, there are psychological and political implications associated with how taxes are perceived and managed by homeowners.
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Australia:
Australia Institute senior economist Matt Grudnoff agreed that stamp duty deters home owners from moving for work or empty-nesters from downsizing.
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