Additional Foreign Acquirer Duty

Program / SchemeReferenced in 2 bills

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Duties and Other Legislation Amendment Bill 2016

This bill makes three stamp duty and grant changes from the 2016-17 Queensland Budget. It adds a 3% duty surcharge for foreign buyers of residential property, temporarily boosts the First Home Owner's Grant to $20,000, and extends a family farm transfer duty concession beyond gifts.

14/6/2016· PASSED· Hon C Pitt MP
Housing & RentingCost of LivingGovernment & Elections

Revenue Legislation Amendment Bill 2017

This bill rolls several 2017-18 State Budget tax measures into one package. It extends the boosted $20,000 First Home Owners' Grant for another six months, introduces a new 1.5 per cent land tax surcharge on overseas-based landowners, tightens foreign buyer duty rules, and restores tenant protections against landlords passing on land tax on older commercial leases.

13/6/2017· PASSED· Hon C Pitt MP
Housing & RentingCost of LivingBusiness & EconomyGovernment & Elections