NSW halves stamp duty for new homes, but not for long enough
Posted by admin on July 3rd, 2009 filed in UncategorizedThe 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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