Central Coast NewsNewcastle News

State Government giving first home buyers the option to opt out of Stamp Duty

Today is the first weekend first home buyers can opt out of paying thousands of dollars in ‘up front’ stamp duty.

But from early indications, many of those wanting to get into the property market are not ‘sold’ on the alternative choice of a smaller annual fee.

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Sophie Scanlon

Originally from Toronto, Sophie studied at Charles Sturt University Bathurst before starting her journalism career with NBN News in 2020, broadcasting in New England and North West. Making the move to the Central Coast, Sophie began to report on sport - covering the Mariners 2022/23 A League winning season. Returning home to the Hunter, Sophie is now a NBN Sports Presenter and News Reporter.

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