NSW halves stamp duty for new homes, but not for long enough

Posted by admin on July 3rd, 2009 filed in NSW, New Homes, Stamp duty, Your Mortgage magazine

The NSW Budget announced this week includes a 50% reduction in stamp duty for new homes, aimed to fuel more activity in the building sector. Your Mortgage magazine reports:
It’s a limited effort, however. New home buyers will be restricted to properties valued at $600,000 or less to qualify for the reduction, and the plan will [...]

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