The NSW Home Builders Bonus

The NSW Home Builder Bonus which has saved thousands of Australia’s from paying stamp duty on vacant land under $400,000 will end on 30 June 2012. Concessions from stamp duty under this scheme, such as 25% reduction for new homes and full exemption for seniors who are relocating will also end on 30 June 2012. In order to receive these benefits, you will be required to have 'exchanged' contracts prior to 30 June 2012.