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

 
The Church Retreat The Church Retreat The Church Retreat The Church Retreat

Recent News

Destinations Around The World Invited to Share in Lexus Melbourne Cup Magic
Destinations Around The World Invited to Share in Lexus Melbourne Cup Magic
Applications now open to host the 2018 Lexus Melbourne Cup Tour
Start Planning Now for Clean Up Australia Day 2018
Start Planning Now for Clean Up Australia Day 2018
Now is the time to start planning for Clean Up Australia Day 2018. Visit...
Echidna Spotters Wanted: Do You Have What It Takes to be a Citizen Scientist?
Echidna Spotters Wanted: Do You Have What It Takes to be a Citizen Scientist?
Echidnas are elusive creatures and are difficult to spot in the wild....
Out Now: 2018 Seniors Card Directory
Out Now: 2018 Seniors Card Directory
Local seniors are encouraged to make the most of their NSW Seniors Car...
Toys Features in pre-Christmas Safety Blitz
Toys Features in pre-Christmas Safety Blitz
Dangerous toys which could kill or injure children have been ordered off...

What's New

 Celebrating Art, Community & Culture
Celebrating Art, Community & Culture
Wagga Wagga Art Gallery
 The Magpie's Nest Restaurant - Book Now
The Magpie's Nest Restaurant - Book Now
The Magpie's Nest Restaurant
 When was the last time you visited?
When was the last time you visited?
Victory Memorial Gardens
Your Home Away from Home
Your Home Away from Home
Quality Inn Carriage House
Section Menu

Have You Visited

Announcement
Celebrating Art, Community & Culture Wagga Wagga Art Gallery inspires a vibrant, innovative and diverse Riverina arts culture. Visit today!View Wagga Wagga Art Gallery »