A number of changes were announced on 28 April 2013 relating to state taxes and grants for 2013/14. The changes effective from 1 July 2013 relate to: First Home Owners Grant Incentive First Home Buyer Duty Reduction New Stamp Duty Reduction Forms
UPDATE –> Stamp Duty Concession Update 1 July 2013 Summary From 1 July 2013 First home buyers will receive $10,000 if they purchase a new home (off the plan, land and building, etc). First home buyers will be entitled to a 40% reduction on stamp duty (subject to eligibility – see below).