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 …
