Stamp duty relief for WA

In Western Australia first-home buyers may get some relief from high stamp duty charges. Yesterday Eric Ripper, State Treasurer, hinted at a rise in the stamp duty threshold for first-home buyers. Real estate agents and building companies have called for Mr Ripper to clarify his comments immediately, fearing that potential buyers may wait until the changes are officially announced in the May budget to make decisions on homes. The first-home buyers stamp duty threshold is expected to rise from $250,000 to $450,000.

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