News

Stamp Duty Relief for First Home Buyers in NSW

Source: Stuart Ayres Minister for Western Sydney
Archived 7 Jan 2018 - Posted: 8 Nov 2017
Stuart Ayres MP, Minister for Western Sydney has urged first home buyers in NSW to take advantage of stamp duty relief measures from the NSW Liberals & Nationals Government.

New figures show 10,496 people have used the exemptions and reductions to buy their first home, in the first quarter since the reforms came into effect.

The housing affordability package announced as part of the June Budget removes stamp duty for first home buyers for both new and existing homes for properties up to $650,000 and reduces duty for first homes between $650,000 and $800,000.

Stuart Ayres has encouraged people who thought a home was still out of reach to take a look at the relief measures available.

“We know this relief package has already opened the door for thousands of home owners across NSW and there’s more to come,” Stuart Ayres said.

“I urge people who aren’t aware of these reforms and think home ownership is out of reach to take a look at our relief package and get back in the game.

“It’s meant the end of renting or living with extended family for thousands of people and families since July and we look forward to watching those numbers grow in the months ahead.

“Our government is focused on cutting the costs of living, whether that’s the price of your child’s weekend sport through the active kids rebate, the energy rebate to help put downward pressure on energy bills or green slip relief.

“Effective housing policy is a key priority of the Berejiklian-Barilaro Government after the last government under Labor allowed the situation to stagnate,” Stuart Ayres said.

This article archived 7 Jan 2018

 
Price Morris Cottage Price Morris Cottage Price Morris Cottage Experience a piece of yesteryear...

Recent News

Round Two Funding Now Open for Events
Round Two Funding Now Open for Events
Regional events held between July and December 2019 can now apply for...
Capstone Editing Announces Two Grants to Support Indigenous High School Students and Mid-Career Researchers
Capstone Editing Announces Two Grants to Support Indigenous High School Students and Mid-Career Researchers
An Australian business established to support students and academics i...
Jon Stevens Releases Charity Single for Drought-Stricken Farmers
Jon Stevens Releases Charity Single for Drought-Stricken Farmers
RAIN DOWN ON ME – AT RADIO FRIDAY 26TH OCTOBER 2018

Coinciding...
Scouts NSW/ACT Youth Development Award
Scouts NSW/ACT Youth Development Award
The Scouts NSW/ACT Youth Development Award recognises young people who...
Lights, Camera, Action! Tropfest Opens 2019 Submissions
Lights, Camera, Action! Tropfest Opens 2019 Submissions
The world’s largest short film festival, Tropfest Australia, supported...

What's New

38 new courses for 2019!
38 new courses for 2019!
Macquarie Community College Carlingford
Think Conveyancing
Think Conveyancing
Think Conveyancing Sydney Hills
Luxury Bus Hire for any Occasion
Luxury Bus Hire for any Occasion
Good Az Gold Tours and Transfers

Have You Visited

Announcement
Think ConveyancingThink Conveyancing in NSW is happy to provide $49.00 Existing House Contract Reviews - Just mention STRALIAWEB49.View Think Conveyancing Sydney Hills »
Contact · Add Your Event · Add Media Release · Add Your Business · Privacy · Site Map · Website © 2016-2018 Stralia Web