June 2, 2017

Supporting first home buyers

The NSW Government’s comprehensive package to improve housing affordability is focused on helping first home buyers, who often face stiff competition from investors.

For first home buyers, this comprehensive package will:

- abolish stamp duty...

Ahead of the 2017 State Budget, the NSW Government announced a housing affordability package. This includes a range of measures to support first home buyers, such as:

  • abolishing stamp duty on all homes (existing and new) up to $650,000

  • reducing stamp duty for a...

June 2, 2017

Land tax surcharge | Office of State Revenue

If you are a foreign person who owns residential land in NSW, you must pay a surcharge of 0.75 per cent from the 2017 land tax year onwards. The surcharge land tax (surcharge) was introduced in the 2016 NSW Budget.

You are req...

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