Shift from stamp duty to property levy could raise $7bn a year for states -- report; Grattan Institute report proposes levy of $2 for every $1,000 of unimproved land value, or $1 for every $1,000 of capital-improved property value

Byline: Katharine Murphy Deputy political editor Australia's cash-strapped state governments could raise $7bn a year by introducing a property levy that could eventually replace inefficient taxes such as stamp duty. [...]