The NSW Government has extended the Senior’s Principal Place of Residence Duty Exemption under the NSW Home Builders Bonus Scheme to persons between 55 and 65 years of age. The previous age limit was 65 and over.
NSW Government introduces the Regional Relocation Grant for home buyers moving from metropolitan to regional areas.
Bad news for first home buyers, with stamp duty exemption or concessions cancelled from 1.1.2012 for purchases of established homes.