Victoria’s peak infrastructure body calls for stamp duty to be abolished

Victoria’s peak infrastructure body has put forward a radical plan to fuel population growth in Melbourne’s middle suburbs.

The report from Infrastructure Victoria calls for fast-tracked approvals for townhouses, relaxation of zoning and more low-rise apartment complexes.

It’s also calling for stamp duty to be abolished.

Partner at Pitcher Partners, Craig Whatman, says that would be “very difficult” for the state to do, as property taxes made up more than 40 per cent of Victoria’s income.

But he says there are “a couple of things” Victoria could do to encourage more population growth in inner and middle suburbs, rather than on the city fringe.

Press PLAY below to hear what Mr Whatman thinks could be done