Posts Tagged ‘stamp duty rates NSW’

Alex Hart talks alternatives to the dreaded stamp duty.

We can all agree that stamp duty is bad. What we need is a better alternative.

Stamp duty is a bad tax. I’m not just saying that because I need to buy a bigger house. It’s a bad tax for reasons bigger than my own hip pocket. And I’m far from alone in thinking this.

At a time when housing in Sydney is in short supply, and first home buyers are finding … Read the full post »

NSW Budget Disappoints First Home Buyers

The NSW Budget was delivered this week on 18 June 2013.

As expected, it failed to reinstate the First Home Owners Grant for existing properties, although the First Home Owners Grant on new homes was extended to 1 January 2016 (it was due to be reduced to $10,000 on 1 January 2014).

For real estate industry group REINSW, the Budget represented a missed opportunity to reinvigorate the property market. Not only is … Read the full post »