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Newcastle Herald

National

Damon Cronshaw

First home buyers in property tax battle

Dominic Perrottet Labor Tim Crakanthorp Yasmin Catley Coalition

NSW Premier Dominic Perrottet said "stamp duty is a terrible tax". It reaped the government $14.5 billion in the 2021-22 financial year. Picture by Sitthixay Ditthavong

Hunter Labor MPs say they oppose NSW Premier Dominic Perrottet's decision to expand a scheme for first home owners to swap stamp duty for land tax.

In an election pledge announced on Sunday, the Premier promised to expand stamp duty exemptions for first home buyers who decide to buy a second home.

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