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Sydney CBD and suburbia
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Sweeping changes to NSW's property tax regime need to be finely balanced, industry groups say. Photo: Shutterstock

NSW stamp duty, first homebuyer changes under scrutiny

A proposal to replace stamp duty concessions with a $25,000 grant for first homebuyers in New South Wales as part of a wide-ranging property tax reform has been criticised as missing the mark and is not likely to fully address the state’s affordability issues, particularly in Sydney.

NSW Treasurer …