Jeremy Rockliff

Premier of Tasmania



26 May 2024

Michael Ferguson, Treasurer

Taking the guess work out of new stamp duty discounts

Tasmanians are encouraged to find out how much they can save under the Tasmanian Liberal Government’s Stamping Out Stamp Duty policy, with the launch of a new ‘Stamp Duty Calculator’.

This new calculator will allow Tasmanians to see just how much they are set to save, following the tabling of legislation in Parliament which will make our stamp duty discounts a reality.

Treasurer and Acting Minister for Finance, Michael Ferguson, said that these stamp duty discounts are about giving Tasmanians the best possible chance at home ownership.

“Over the past decade Tasmania has gone through an unprecedented period of economic and population growth, and this has had an impact on our housing market,” the Treasurer said.

“It has seen house prices continue to climb – and push what is considered the Great Australian Dream of home ownership out of reach for young Tasmanians.

“Our Government is proudly taking action on this, and we will introduce to Parliament a number of measures which will either stamp out stamp duty for first home buyers or slash stamp duty by 50 per cent on new apartments.

“Many Tasmanians will be wondering what savings are on offer for them – our brand new Stamp Duty Calculator is going to make that easier than ever.

“Launched today, Tasmanians can hop on and by providing a few easy details understand how our 2030 Strong Plan for Tasmania’s Future is going to save them potentially tens of thousands of dollars.”

Tasmanians can visit https://stampoutstampduty.com/about to find out how much the Tasmanian Liberal Government’s Stamping Out Stamp Duty policy is going to save them.



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