2023-24 Budget revenue measure

The following taxation measures were announced by the Territory Government as part of the 2023-24 Budget:

From 9 May 2023, stamp duty on the conveyance of non-land property, except for goods conveyed with an interest in land, is abolished.

Complementing this measure, a new stamp duty exemption will be introduced for goods conveyed with a lease where the lease has nil or nominal value. For more information, read the stamp duty page.