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Liberal/National Coalition

Party policy · Housing

No stamp duty for first home buyers up to $1 million

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Sourced, pending editorial review. Policies are summarised from each party's official material and independent sources captured on 10 November 2026. Summaries were compiled by automated research and have not yet been checked by a human editor — open the cited source to confirm.

What is being promised

Abolish stamp duty for first home buyers on properties up to $1 million, established or off-the-plan.

How it is intended to work

Exemption from land transfer duty for eligible first home buyers.

Who may be affected

  • First home buyers
  • State revenue
Announced cost
Not stated on the source page
Funding mechanism
Not stated on the source page
Proposed timeline
Not stated on the source page
Party saysArguments offered by Coalition
  • The Nationals say they will abolish stamp duty for first home buyers on properties up to $1 million, citing a PBO estimate of more than 17,000 exemptions in the first full year.
Independent evidence
  • Stamp duty made up 23.8% of Victoria's own-source tax revenue in 2024–25.
  • The PBO tracker lists this commitment.

Important uncertainties

  • The 17,000-exemption PBO estimate cited by the Nationals could not be found in published PBO documents as at 10 Nov 2026.
  • Liberal Party policy pages were unavailable (HTTP 503) when retrieved.

Positions on key approaches

  • Stamp duty should be cut or removed for home buyers.

    Supports. Abolish for first home buyers up to $1m.

  • Rent increases should be capped by law.

    No documented position. No position found in captured sources.

  • Government should directly build or fund new homes.

    No documented position. A Liberal housing-supply plan could not be verified (source page unavailable).