Victoria open to stamp duty overhaul to ease burden on first home buyers Josh Gordon and Kieran Rooney March 21, 2024 — 5.53pm ... Normal text size Larger text size Very large text size ...

As part of Victoria’s upcoming budget, to be released on 20 May 2025, the state government will invest $61 million to cut stamp duty costs for eligible off-the-plan apartments, units and townhouses ...

He believes other state s should follow the lead of Victoria and the ACT, which abolished life insurance stamp duty last year. “The move by the Victorian government and the ACT’s tax reforms in 2013 ...

In short: The state government is reducing stamp duty for units, apartments and townhouses bought off-the-plan. The concession allows construction costs to be deducted from the sale price of the ...

The Victorian opposition has used its budget reply to showcase a pledge to scrap stamp duty for first home buyers on properties up to $1 million if it wins government next year.

Victoria’s budget bottom line took an estimated $73 million hit after additional stamp duty obligations were waived on dozens of foreign-owned entities last year.

The Victorian government is slashing stamp duty for new apartments, units and townhouses as it tries to give the state's housing market a boost. Premier Jacinta Allan on Monday announced a 12 ...