NSW Lifts Stamp Duty Threshold on New Homes

Sourceable – 

First-home-buyers of newly constructed properties in New South Wales are set to save up to $31,335 as the government in that state raises the threshold above which stamp duty is applied to new homes.

In a joint announcement, NSW Premier Gladys Berijiklian and Treasurer Dominic Perrottet have announced temporary amendments to the state’s stamp duty regime.

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