5 Things To Know About VIC’s Stamp Duty Discounts

What will the proposed Victorian Stamp Duty changes mean to the Melbourne property market? On Tuesday, 24 November, Victoria passed down its 2020-21 state budget, revealing a host of support measures intended to stimulate the housing market and building industries, including stamp duty discounts of up to 50%. Following the news, Australian Broker sat down with Victoria-based […]

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The NSW Stamp Duty fallout: my three big predictions

There’s been a cacophony of opinion this week filling column inches and taking over the airwaves of property centric media. Refreshingly, the big news wasn’t pandemic related. Nor did it involve a concession speech of any description. No, the chatter has been dominated by a NSW government discussion around the abolition of stamp duty which […]

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Plan to abolish NSW stamp duty could create more problems than it solves

All property purchasers in NSW could soon be exempt from paying stamp duty on new property purchases under a new government proposal. While the plan may seem like a good idea to some, I’m not really convinced it will be as widely beneficial as many people think. What is stamp duty? Before we discuss the […]

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Understanding Stamp Duty

Stamp duty is one of those extra costs that is rather easy to forget when you’re buying property but can really add up to your total cost.  It is tempting to dismiss it when deciding what you’re willing to pay for your next Investment property but don’t fall into a trap. Depending on the property, […]

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The impact of stamp duty discounts on the NSW housing market

On the 27th of July, the New South Wales government announced eligible first home buyers could access stamp duty exemptions on new home purchases worth up to $800,000. New home builds will also see stamp duty discounts available for purchases between $800,000 and $1 million, where the discount reduces with a higher purchasing price. The […]

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