| Assistance for first home buyers Homes, Health and Powering Our Future across the Granville electorate |
Julia Finn MP ** Housing is the number one cost-of-living pressure
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Assistance for first home buyers Homes, Health and Powering Our Future across the Granville electorate 13/02/2026 (See translation in Arabic section) Sydney-Middle East Times Int'l: Julia Finn member for Granville issued a statement says: “More than 1,803 first home buyers get their start in the Granville electorate New data reveals that 1,803 first home buyers across the Granville electorate have been given a helping hand by the NSW Labor Government, saving an average of $19,626 off the cost of their first home. The program provides a full stamp duty exemption of $30,412 for first home buyers purchasing a property up to $800,000 and a concession for homes priced between $800,000 and $1 million. It replaces the previous Liberal-National Government’s forever tax on first-home buyers, which left first-home buyers paying an annual tax back to the Government. Across NSW, 82,174 first home buyers have saved an average of $20,475 since July 2023. Of those, 58,111 people paid no stamp duty at all, while 24,063 individuals paid a reduced amount. The scheme also works with the Federal Labor Government’s 5% Deposit and Shared Equity schemes, making it even easier for people and families to buy their first home. Housing is the number one cost-of-living pressure on young people, families and downsizers. Helping first home buyers is a critical piece of the NSW Government’s plan to address these cost-of-living pressures and make sure NSW can be an accessible and affordable place to live. That’s why the NSW Government is delivering more homes to rent and buy, re-building essential services that families rely on, and providing long overdue investment in critical infrastructure across NSW. |