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Duties Amendment Bill to Encourage Urban Infill
In a joint media statement released by Ministers Saffioti, Ellery and Carey, the Duties Amendment Bill 2023 was announced. The Bill is set to incentivise buyers of off-the-plan apartments in multi-story developments by providing them with an upfront concession on the transfer duty owed. For buyers of eligible properties valued up to $650,000, the duty...
