The Tasmanian Government’s 2023-24 budget statement (delivered on 25 May) included the following measures:
First Home Owner Grant
The $30 000 grant is extended from 1 July 2023 to 30 June 2024 – subject to the passage of legislation and Royal Assent. Use the above link for details.
New home used for long term rental exemption
The Land Tax exemption for newly constructed dwellings available for long term rental is extended to 30 June 2024. Gazetted 31 May 2023. Use the above link for details.
Short term visitor accommodation converted to long term rental exemption
The Land Tax exemption for short stay accommodation properties converted to long term rental is extended to 30 June 2024. Gazetted 31 May 2023. Use the above link for details.
Electric and hydrogen fuel-cell vehicles
The Motor Vehicle Duty exemption on the purchase of electric and hydrogen fuel cell vehicles is extended to 31 December 2023 – subject to the passage of legislation and Royal Assent. Use the above link for details.
First home buyers of established homes duty concession
The Property Transfer Duty concession for first home buyers of established properties is extended to 30 June 2024. Gazetted 31 May 2023. Use the above link for details.
Pensioners downsizing to a new home duty concession
The Property Transfer Duty concession for eligible pensioners who downsize their home is extended to 30 June 2024. Gazetted 31 May 2023. Use the above link for details.