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

 
Gateway Motel Gateway Motel Gateway Motel Gateway Motel

Recent News

Mountains of Help for Young People in the Mountains
Mountains of Help for Young People in the Mountains
Life can sometimes get complicated, and there are times when you need...
Hercules Flypast of Sydney Harbour and Western Sydney For 75th Anniversary of No. 37 Squadron
Hercules Flypast of Sydney Harbour and Western Sydney For 75th Anniversary of No. 37 Squadron
A formation of up to six C-130J Hercules transport aircraft will fly over...
Did You Know You May Already Have a My Health Record?
Did You Know You May Already Have a My Health Record?
For the rest of Australia, 16 July marks the launch of the three month...
‘Days Like These’ Links City and Country and People of Diversity
‘Days Like These’ Links City and Country and People of Diversity
A contemporary theatre production that blossomed in regional NSW returns...
Discover the Prehistoric ‘Jurassic Garden’ at the Blue Mountains Botanic Garden Mount Tomah
Discover the Prehistoric ‘Jurassic Garden’ at the Blue Mountains Botanic Garden Mount Tomah
Take a trip back in time to the ancient land of Gondwana, and get read...

What's New

Gondwana Garden Family Day Returns
Gondwana Garden Family Day Returns
The Blue Mountains Botanic Garden, Mount Tomah
ROGER WOODWARD in concert
ROGER WOODWARD in concert
Blue Mountains Concert Society
Learn something new! Term3 Catalogue out
Learn something new! Term3 Catalogue out
Macquarie Community College Richmond
Special Offers
Special Offers
Blueberry Hills on Comleroy
Also in this Section

Have You Visited

Announcement
Special OffersPay for 2 Nights and Stay 3. Check out our specials. Offers available only through our website.View Blueberry Hills on Comleroy »