Information Sharing and Tax Exemptions for the Help to Buy Program
Help to Buy (Commonwealth Powers) Bill 2025
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Keystart can share a person's financial assistance details with Housing Australia; this must help the Commonwealth Help to Buy program
People who share this information are immune from civil or criminal liability; it is not a breach of professional ethics
Western Australia adopts the Commonwealth Help to Buy Act 2024
The state lets the Commonwealth Parliament make laws to amend the Help to Buy Act
Trusts and transfers of interest under a Help to Buy arrangement are exempt from stamp duty
The government ignores the Commonwealth's share of a property when calculating stamp duty
The government ignores the Commonwealth's share of a property when deciding if land tax concessions apply
First Home Owner Grant applicants are eligible even if they hold part of the property as a trustee for the Commonwealth