SMH
·general
·2 hours ago
WA Government Allocates $4.7 Billion to Boost Housing Supply and First-Home Buyers
West Australian Treasurer Rita Saffioti defended the government's $4.7 billion housing budget allocation Tuesday, arguing increased supply will curb price inflation. The package includes $694 million for land development and raises first-home buyer stamp duty exemption thresholds by $100,000, benefiting over 25,000 buyers over four years. Saffioti also criticized the Reserve Bank's latest interest rate increase.
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