I've had a lot to say on Stamp Duty recently - as are many, given we are in the midst of a tax reform process that with the right political courage, could make a real change.

But the issue of affordability isn't just stamp duty, its also the several other taxes, rates and charges that hide behind the stamp duty whipping post and add to the cost of housing. Granted that federally imposed GST also plays a big part when it comes to residential housing, but the majority of these other charges are imposed by the State Governments. A key one of these being infrastructure charges that are not commensurate to the services provided.

It's a little distressing when you think about the proportion of our home loan repayments that goes towards paying off these taxes, compared to the cost of the materials and labour to build it.