New Victorian stamp duty proposal would reduce tax for prospective home buyers and encourage them to purchase ‘from the plan’.

ABC NEWS (Australia) 2024-10-21

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Victorians looking to buy apartments or townhouses off the plan will, from today, pay less stamp duty, under a new plan from the government to turbocharge the state’s housing sector. It’s hoped the new tax reduction will encourage more people to buy and developers to build, but not everyone is convinced it will work.
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