Victorian Premier launches 12-month stimulus plan with expanded stamp duty concessions for housing, October 21.
Victorian Premier Jacinta Allan has launched a 12-month stimulus plan starting October 21, expanding stamp duty concessions for off-the-plan apartments, units, and townhouses. The concessions, now available to all buyers without a cap, aim to support the struggling housing industry amid rising interest rates. This initiative is expected to save buyers significant amounts, while further housing policies will be announced soon. However, it has faced backlash from local residents.
October 20, 2024
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