First home stamp duty concessions available in the various states in Australia. Each individual Australian state, New South Wales, Victoria, Queensland, South Australia, Western Australia, the Northern Territory, the Australian Capital Territory and Tasmania, is responsible for levying stamp duty on transactions completed in their jurisdiction. For home or land buyers, each state has a different stamp duty that is levied against the purchase price of the property. As an incentive for first time buyers, each state has concessions or reductions in the stamp duty required for purchases.
