State and Territory Benefits for First Home Buyers

Doug Daniell Knowledge Centre Leave a Comment

The first home benefits have changed dramatically this year with more changes due from 1 July 2017. All of the grants and stamp duty concessions are state administered so vary in each state and Territory. Most concessions for first home buyers have only been available for new properties. Now there are several states with concessions that include established properties. The …

New NSW regulations to Protect Off the Plan Purchasers

Doug Daniell Brokers, Knowledge Centre Leave a Comment

17 November 2015 NSW Parliament today approved amendments to the Conveyancing Act 1919, strengthening protections for buyers who purchase properties off the plan. Minister for Innovation and Better Regulation Victor Dominello said the new laws are intended to prevent rogue developers from rescinding contracts using the sunset clause to make windfall profits. “The NSW Government has listened to the community’s …