The NSW government anticipates it will receive 2500 retrospective applications for stamp duty refunds, with 6000 expected annually.
kicks off on Monday, with 6000 expected annually.
While the scheme is limited to properties worth $1.5 million or less, Mr Kean said it would cover 97 per cent of first home buyers. “This national first will significantly reduce upfront costs, reduce the time needed to save for a deposit and will see most first home buyers pay less tax overall,” he said.
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