The 2026-27 Australian Federal Budget has delivered the most significant shake-up to property taxation in over two decades. In a decisive bid to improve affordability for first-home buyers and stimulate supply, the government has targeted the two holy grails of property investment: negative gearing and Capital Gains Tax (CGT).
New QLD First Home Stamp Duty Concession rates came into effect on June 9, 2024 and can save up to $17,530 on stamp duty costs.
South Australia: The 2023-24 State Budget abolishes stamp duty for first home buyers that purchase a new home valued up to $650,000, or vacant land valued up to $400,000 to build a new home.
What are the most in demand properties in New South Wales at the moment? Check the monthly stamp duty calculations in NSW from January - June 2021.
What are the most in demand properties in Victoria at the moment? Check the monthly stamp duty calculations in Victoria from January - June 2021.
Some changes to stamp duty coming in Victoria from July 1st, 2021 - stamp duty discounts introduced last year are due to finish up and also stamp duty will increase by 1 percentage point on properties that sell for more than $2 million.
Are you eligible for NEW First Home Buyers Assistance program introduced by NSW Government on July 29, 2020? Take this quick quiz:
On June 4th, 2020 Scott Morrison announced new HomeBuilder program that provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home. HomeBuilder will assist the residential construction market by encouraging the commencement of new home builds and renovations.
Some industry groups call WA Foreign Buyers Duty a "crazy tax". Check out the video to see why...
Victorian State Budget delivered yesterday by Treasurer Tim Pallas revealed stamp duty paid by foreign property investors will be increased from 7 to 8 per cent from July 1, 2019 bringing Victoria's rate into line with that of New South Wales.
