NSW land tax bound for parliament inquiry

Dominic Perrottet's plan to reduce upfront costs for NSW homebuyers has hit a hurdle in parliament. (Dan Himbrechts/AAP PHOTOS) (AAP)

Dominic Perrottet's dream of stamp duty reform in NSW has hit a speed bump, as he seeks to legislate the change before the election.

The premier wants to give first homebuyers the option of choosing to pay an ongoing land tax rather than one-off stamp duty, while the property would not be locked into the scheme.