Stamp duty abolished for some home buyers in an Australia-first move
The ACT has become the first Australian jurisdiction to abolish stamp duty for all first-home buyers and some other buyer cohorts, removing one of the biggest upfront barriers to home ownership from 1 July 2026.
The ACT's stamp duty changes extend to the removal of stamp duty on all new unit-titled properties bought by owner-occupiers. (Image source: BlueRingMedia/Shutterstock.com)
The ACT will become the first Australian jurisdiction to abolish stamp duty for all first home buyers, with the landmark reform taking effect from 1 July 2026 as part of the Territory Budget.
The move removes one of the largest upfront costs associated with purchasing a home and forms part of the ACT Government’s long-running transition away from transaction taxes and towards a broader property-based tax system.
Under the changes, all eligible fi…
