Phoebe Blamey

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357 appearances 1 recordings 1 series first heard Apr 2022 last heard Apr 2022

Phoebe Blamey’s voice in public audio — every appearance, attributed to the second.

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Australian Finance Podcast · First home buyer incentives in 2022 · 18 Apr 2022 podcast

So we've done quite a few.

WA had a $55,000 incentive for building.

Wow.

So $10,000 first homeowners grant, that $25,000 from the federal government, but they also had a $20,000 from the state government.

Wow.

So huge building incentive in WA two years ago.

And...

So we had a lot of first home buyers that were getting into their first home using that plus the first home lenders deposit scheme because their parents' houses don't have enough equity because there's been no very small capital growth.

And get into a home for about $400,000.

So you pay that as the purchaser and as a first home buyer in New South Wales, Victoria, ACT and WA under certain limits and please go to your state revenue office website because it's all clearly explained there.

I won't tell you numbers because they will change.

Mm-hmm.

And it's again, rural and regional and metropolitan and it's all different.

But yeah, you can have zero stamp duty in SA Northern Territory, Queensland and Tasmania.

There is a stamp duty charge and there is concessions in Queensland and Tasmania.

It is quite meaningful.

So the best place to calculate what your stamp duty is going to be is on your SRO website.

So State Revenue Office websites, every single one of them has a calculator.

We've got links to all of those off our website that are...

just clear and easy to get to.

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