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Latest Stamp Duty Rebates News

WA stamp duty rebate scheme slashed, but extended

Apartment buyers in Western Australia have been given an extra two years to access stamp duty rebates for off-the-plan purchases, but the scheme has been cut from 75 per cent to 50 per cent.

Crane on a South Perth construction site
WA's stamp duty rebates scheme has been a welcome boost for the state's construction industry. Photo: Shutterstock

Apartment buyers in Western Australia have been given an extra two years to access stamp duty rebates for off-the-plan purchases, but the scheme has been cut from 75 per cent to 50 per cent.

WA Premier Mark McGowan announced the state government would extend its stamp duty rebate scheme as part of the WA state budget, which delivered a record $5.6 billion surplus, largely driven by a big lift in iron ore royalties.

The stamp duty rebates, which…