The New South Wales government wants to make stamp duty optional in a major reform to stimulate the economy after the Covid-19 recession.
STAMP DUTY
Stamp duty may become the latest casualty of the COVID-19 crisis, as state governments reevaluate the golden goose of taxation.
New-home buyers could be given a $50,000 handout under a proposal by the Property Council of Australia.
Buyers of freshly built homes would get a $50,000 cheque from the Morrison government under a $2.5 billion plan from the Property Council to kickstart the econo…
March data showed the Perth property market was continuing in the right direction, with the fifth month in a row of CoreLogic’s Hedonic Home Value Index rising,…
Western Australian Government has today announced Stamp Duty rebates of up to $50,000 for all buyers purchasing off-the-plan apartments in a bid to stimulate th…
First home buyers in NSW have saved almost $1 billion in stamp duty, or an average of $15,000 each, since generous concessions were introduced 18 months ago.
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Stamp duty discounts, a planning revamp and a major building boost are on the horizon in Victoria, as the state government leans on the property sector to underpin the state’s economic recovery from COVID-19.
Cashed-up institutional investors and large-scale developers continue to sharpen their focus on build-to-rent, with United States headquartered Sentinel Real Estate Corporation and ASX-listed Mirvac and among those making recent major moves.
Property investors and homeowners outside of Australia’s capital cities are cheering, with the country's biggest regional markets enjoying almost universal house price gains.
A modern family house in North Curl Curl that assimilates into the bedrock of Sydney’s Northern Beaches headlands has been named the best home in New South Wales for 2020.
Property rental rates and values can change, and this is particularly evident for units and other types of strata complexes.
Victoria has been tipped to be the next Australian state to consider stamp duty reform, with the state government expected to keep a close eye on New South Wales’ proposal to replace the tax with an annual levy.
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