Posts Tagged ‘News’

NSW to limit first-home stamp duty concessions

The NSW government will limit full stamp duty concessions to those buying new homes from 1 January 2012.

First-home buyers currently pay no stamp duty on all properties under $500,000 and receive a discount for properties valued up to $600,000. From January 1 next year, the stamp duty concessions will apply only to newly constructed homes, including those built off the plan.

The move is a welcome boost to the spring … Read the full post »