The NSW Government recently announced a serious shake up to Stamp Duty, promising that from 2023, First Home Buyers will be able to choose between paying this up front, or paying an annual fee plus a percentage of the land value, known as land tax.

But why does the government even need this money? And will the change really help those people trying to get a foot on the ladder, or should our politicians be doing more?

The Quicky speaks to a would-be First Home Buyer, and a property market expert to find out what it will take to really solve the housing affordability crisis in Australia.

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CREDITS 

Host: Gemma Bath

With thanks to:

Katie Stow - Mamamia's Evening Editor, who is currently trying to buy her first home in Sydney

Dr Nicola Powell - Chief of Research and Economics at Domain

Producer: Claire Murphy / Gemma Bath

Executive Producer: Siobhán Moran-McFarlane

Audio Producer: Thom Lion

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