Jun 10, 2026 – 4.42pmThe ACT has become the first Australian jurisdiction to abolish stamp duty for first home buyers, the latest step in its two-decade-long plan to abolish the impost on all property transactions.Under the changes included in Wednesday’s budget, stamp duty will also be removed for anyone buying a new unit-titled property, as of July 1.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
ACT abolishes stamp duty for first home buyers
It’s the latest move by the territory government in its 20-year tax reform transition program to phase out stamp duty in favour of higher rates and land taxes.
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