State Government to Introduce Land Tax Reform for First Home Buyers

State Government to Introduce Land Tax Reform for First Home Buyers
A real estate sign is seen at a property in Sydney, Australia, on Sept. 6, 2022. Lisa Maree Williams/Getty Images
Alfred Bui
Updated:

The New South Wales (NSW) government will introduce legislation to scrap the First Home Buyer Choice assistance and establish a new stamp duty exemption scheme.

The former Coalition government launched the temporary First Home Buyer Choice program in January to boost homeownership among the state residents.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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