Stamp Duty Archives - Home Loan Experts

Stamp Duty

NSW Announces Stamp Duty Reform

personOtto Dargan access_timeJune 21, 2022

As part of the First Home Buyer Choice housing package announced in the 2022-23 New South Wales state budget, first-home buyers in NSW can choose either to pay stamp duty upfront or pay a smaller annual property tax. NSW Premier Dominic Perrottet said it was a priority to make...

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Stamp Duty Victoria—How Will The Planned Increase Affect Homebuyers?

personOtto Dargan access_timeMay 20, 2021

Victoria has planned an increase in its property tax. This hike will further increase an already high stamp duty Victoria has compared to other states. The plan is now hotly debated; many charge the state government of unfairness. If the planned tax hike goes through, homebuyers...

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Victoria Plans To Increase Stamp Duty By 18%

personOtto Dargan access_timeMay 17, 2021

The Victorian government is proposing an 18% increase in stamp duty and an increase in land tax, and a new tax for property developers. The plan is to raise $2.4 billion over the next four years to support Victoria’s economic recovery. What are the proposed changes? Tax What...

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Victoria Announces Stamp Duty Waivers Plus $6 Billion For Housing

personOtto Dargan access_timeNovember 25, 2020

In its 2020-2021 state budget, the Victorian government announced that it will invest $6 billion to build more than 12,000 new social and affordable homes and make housing more accessible and affordable for Victorians. According to the government, the package is Australia’s...

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NSW Stamp Duty Changes: What Are The Benefits?

personOtto Dargan access_timeNovember 19, 2020

The New South Wales government is proposing to abolish stamp duty as part of its 2020-21 budget announcement on 17 November 2020. Instead of paying stamp duty upfront, it would be replaced by an annual land tax. Stamp duty is a government tax paid when you buy a property. First...

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