newman to cut first home buyers grant, page-6

  1. 5,962 Posts.
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    Simply a $15k handout to the construction industry.

    Will actually lead to lower prices for existing stock, which, in turn, will lead to lower stamp duty revenue.

    If I was a first time home buyer in Queensland, I'd be gutted that to get my $15k I had to buy some overpriced developer's box in the outer suburbs, rather than something with intrinsic land value in the inner suburbs.
 
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