Tax breaks for Queensland borrowers

Stamp duty will be reduced on property up to $590,000 with first home buyers the biggest winners. The first home transfer duty exemption increases to $350,000 – a saving of $1650 rising to $500,000 by September and saving buyers as much as $9500.

Mortgage duty for home buyers, investors and businesses will also be scrapped.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 30 June 2008