New South Wales Budget 2023

Significant stamp duty and land tax changes have been proposed by the NSW Government, as detailed by Robert Nguyen, Jenny Lee and Sarah Shaw.

New South Wales (NSW) Treasurer Daniel Mookhey handed down the 2023-2024 State Budget on 19 September 2023. The Treasury and Revenue Legislation Amendment Bill (Bill) was also introduced into Parliament, which proposes to make significant stamp duty and land tax changes to the current legislation. Stamp Duty Changes - Amendments to the Duties Act 1997 Landholder Duty Changes The Bill proposes to make the following material changes to the landholder duty provisions: reduce the landholde...

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Authors: Robert Nguyen, Jenny Lee,

Published Date: 20 September 2023