Home Buyers stamp duty relief ----- Not

Which home buyers are saying thanks Bracks for the stamp duty relief you have given us?

For a start you dont qualify for the Principal Place Residence concession for homes over $500K. That cuts out my electorate where median prices for homes is now well over $500K.

Think about this, you are eligible if your home costs between $115K and $500K. No-one can buy a home for $115K. I would have thought the majority of established home buyers is now pretty much above the $500K mark

And get this, those it might be targeting being the First Home Buyers, well think twice, they dont get it. The first home buyers elects which "benefit" they will take - the PPR concession or the First Home Bonus. No double dipping boys and girls.

And if you haven't already seen the new form, well the SRO has been busy designing forms that should be a simple one page document. Well those days as we all know are well past us. The PPR stat dec is 3 pages plus the explanatory notes.

You can download a copy here.

And for the sheer hell of it, I have redesigned a user friendly one pager, just like the good old days when the chattels stat dec was introduced. Feel welcome to download it and use it with my blessing. If you can ever find an occasion to ever use it.