News Stories

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

 
Regional Development Australia Sydney Inc Regional Development Australia Sydney Inc Regional Development Australia Sydney Inc Regional Development Australia Sydney Inc

Recent News

Rock Solid Commitment to Defence Force Personnel, Veterans and Their Families
Rock Solid Commitment to Defence Force Personnel, Veterans and Their Families
Australia will follow the United Kingdom’s lead under a Shorten Labor...
Be Prepared: Get Ready Weekend 2018
Be Prepared: Get Ready Weekend 2018
The NSW Rural Fire Service (NSW RFS) is inviting people to get involve...
NDIS Calculator Counts the Cost of Disability Support
NDIS Calculator Counts the Cost of Disability Support
With more than 460,000 people expected to receive a disability support...
First Artists Announced for the 2019 Blue Mountains Music Festival!
First Artists Announced for the 2019 Blue Mountains Music Festival!
The 24th annual Blue Mountains Music Festival of Folk Roots and Blues...
Leura Gardens Festival 2018 - New Format
Leura Gardens Festival 2018 - New Format
Planning is well underway for the 2018 festival which will have a new...

What's New

Term 4 catalogue out now!
Term 4 catalogue out now!
Macquarie Community College Richmond
Botanic Garden Waratah Festival 22/9
Botanic Garden Waratah Festival 22/9
The Blue Mountains Botanic Garden, Mount Tomah
Free Open Day - Mt Druitt campus
Free Open Day - Mt Druitt campus
Macquarie Community College Richmond
Also in this Section

Have You Visited

Announcement
Term 4 catalogue out now!Lots of Christmas themed courses to help you with gift giving and getting ready for the holiday season!View Macquarie Community College Richmond »