Victorian Opposition Pledges to Ditch Stamp Duty for First-Home Buyers

Ready to buy a home? What experts say many buyers forget to consider first

A down payment is a big step for homebuyers, but definitely not the only one. As a realtor in the Halifax market, Sandra Pike estimates less than half of buyers she sees are actually ready to buy a home.

Victorian opposition pledges to ditch stamp duty for first-home buyers

Opposition Leader Brad Battin and Shadow Treasurer James Newbury announced the "bold and visionary plan" as part of their budget reply.

‘Cruel hoax’: Minister slams opposition’s plan to slash stamp duty

The Allan government has blasted the Coalition’s centrepiece economic policy, warning it would cost more than double what has been pledged.

Warning opposition plan to scrap stamp duty on first homes could push prices up

The Victorian opposition has used its budget reply to showcase a pledge to scrap stamp duty for first home buyers on properties up to $1 million if it wins government next year.

Half of potential buyers shelved moving plans in favour of renovations, citing high costs | Today's Conveyancer

New research from Santander shows more than half (57%) of homeowners who considered moving in the last year have paused their plans – with high costs the biggest barrier to moving. Instead, nearly a third (31%) said they would renovate their current home, with average budgets tripling in the last five years as a result. Setting money aside for a home office, however, is no longer a priority, with planning applications halving since their 2021 p…