stamp duty

To encourage more buyers into the market, the territory government has increased the maximum income threshold to be eligible for stamp duty concession.

The territory has announced the exemption as a way to improve housing choice, access and affordability.

Three state departments will be merged to form a streamlined social and affordable housing entity if the NSW Labor Party wins the upcoming state election.

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The Queensland government has announced reduced costs for first home owners through lifting the concession on the transfer duty threshold.

Stamp duty costs are rising and the impact is proving to be difficult for home buyers. New research report by PropTrack and e61 tells all.

Queensland’s Leader of the Opposition has committed to raise the stamp duty concession threshold for first home buyers.

The South Australian 2023–24 state budget has scrapped stamp duty for first home buyers who purchase a new home.

To encourage first home buyers to build new homes, the South Australian government has removed the stamp duty exemption threshold.

First home buyers in NSW can choose between stamp duty and property tax from today, as the First Home Buyer Choice comes into effect.

To encourage more buyers into newly built apartments and units, the Tasmanian government has introduced a new stamp duty concession.

The state’s real estate body has said the state government’s announcement to axe stamp duty for commercial real estate “is an encouraging sign for the sector”.

The Victorian government has confirmed its intention to abolish stamp duty replacing it with an annual property tax aimed at bolstering new housing development prospects.

Commercial property stamp duty will soon be abolished in Victoria, as new legislation is introduced to bring in a new property tax instead.

In a submission to the Andrews government, Victoria’s peak real estate body has urged the government to consider shifting from the “tired tax” to a broad-based tax.

The state’s peak real estate body has urged the Andrews government to consult with property leaders and finance experts to ensure further strain is not placed on the market.

The Western Australian budget has allocated funds to support first home buyers and boost housing supply.

As of 1 July, the commercial and industrial property tax (CIPT) reforms are in effect across Victoria. These changes will make things easier for those looking to invest.