The ACT government introduces measures in its budget to abolish stamp duty for first home buyers. ABC reports that the territory is set to become the first Australian jurisdiction to remove stamp duty for all first home buyers, positioning the change as part of the government’s housing affordability agenda. The West Australian says the stamp duty scrapping applies not only to all first home buyers but also to some other eligible groups, reflecting a broader eligibility approach than first home buyers alone. Separate reporting from The West Australian also notes that the ACT’s action follows a move that has gained federal-level endorsement and has prompted calls for other states and territories to consider similar reforms. Across the sources, the core policy direction is consistent: the ACT is moving to eliminate stamp duty for first home buyers, with additional categories included in the measure, and the reform is drawing attention nationally as other jurisdictions assess whether to replicate the change.
ACT moves to scrap stamp duty for all first home buyers
The ACT government introduces measures in its budget to abolish stamp duty for first home buyers. ABC reports that the territory is set to become the first Australian jurisdiction to remove stamp duty...
- The ACT government is implementing changes in its budget to abolish stamp duty for first home buyers.
- The reforms are described as applying to all first home buyers in the ACT.
- One source reports some additional eligible groups will also receive stamp duty concessions or removal.
- The action is presented as making the ACT the first Australian jurisdiction to remove stamp duty for all first home buyers.
- Other states and territories are urged or expected to consider similar stamp duty changes following the ACT announcement.
The ACT has abolished stamp duty for first home buyers, prompting calls for other states and territories to follow suit.
13 hours agoAll first home buyers and some other eligible groups will have stamp duty scrapped in one Australian jurisdiction.
20 hours agoToday's ACT budget will deliver measures to make the territory the first Australian jurisdiction to remove stamp duty for all first home buyers, the government says.
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