WA Notice Requirements and Fines for Foreign Dutiable Transactions

Finance Legislation Amendment (Housing Affordability) Bill 2026

20 Aug 2026: Passed by Parliament and signed off by the governor.

This bill kicks in: TBA

Legislative Assembly

Legislative Council

Assent

Share this bill

Email Facebook X Bluesky

Topics

first home buyers foreign investment housing development land subdivision property tax real estate stamp duty

Links to official parliament websites

Official page: progress through parliament

Effects of this bill

If this bill passes, it means that:

People claiming exemptions on foreign dutiable transactions must lodge a notice if they fail to meet exemption requirements within the required period; this must be done within two months of the required period ending.
Failure to lodge this notice carries a 0,000 fine.
Foreign transfer duty is not charged on land parcels if specific requirements are met within 2 or 5 years of the transaction.
First home owners pay no duty on properties without a home valued up to 50,000; they pay 0.14 per 00 for values between 50,001 and 50,000.
The law creates a new category for concessional pre-construction agreements for lots in land schemes where a new dwelling will be built.
Foreign transfer duty is not charged on land if the owner builds or refurbishes 10 or more dwellings within five years.
The government can set concessional duty rates for first home owners through regulations.
Regulations for first home owners cannot raise duty above the maximum amount set in the law.

The Debate

What different members said when this bill was debated:

Matthew Swinbourn ALP

“I move: That the bill be now read a second time. The Finance Legislation Amendment (Housing Affordability) Bill 2026 implements the $297 million tax package announced in the 2026–27 state budget to boost affordability, drive more housing supply and help ensure every Western Australian has a place to call home.”

Official source →

David Michael ALP

“I move: That the bill be now read a second time. The Finance Legislation Amendment (Housing Affordability) Bill 2026 implements the $297 million tax package announced in the 2026–27 state budget to boost affordability, drive more housing supply and help ensure that every Western Australian has a place to call home.”

Official source →