First home joy, but watch for the catch

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EXPERTS tip a surge of first-home buyers once stamp-duty cuts kick in, says Caroline James.

A HOME prices “pressure cooker” has been set by the State Government’s decision to cut stamp duty for first-home buyers by 20 per cent from July 1.

Real estate experts welcomed the Government’s announcement this week to reduce stamp duty to help first-home buyers get a foothold in the market.

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