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New South Wales May Be on Cusp of Stamp-Duty Reform

Started by Epoch-Times-Bot, Nov 09, 2022, 10:30 PM

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Epoch-Times-Bot

Nov 09, 2022, 10:30 PM
New South Wales May Be on Cusp of Stamp-Duty Reform

The New South Wales (NSW) premier has told the opposition to “get out of the way” as his signature reform to give first-home buyers more choice edges closer to becoming reality.
Legislation to give first-home buyers the option to choose between paying an annual land tax or a larger one-off stamp duty payment on all properties up to $1.5 million is being debated in the NSW parliament on Thursday.
Premier Dominic Perrottet said if the Property Tax (First Home Buyer Choice) Bill 2022 passes, he will call Governor Margaret Beazley to have the legislation is enacted quickly.
This will mean first-home buyers could potentially access the scheme by Saturday....

Source: New South Wales May Be on Cusp of Stamp-Duty Reform

xenzol

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Aug 13, 2024, 10:41 PM
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