WA Premier Colin Barnett makes $15,000 stamp duty discount pitch to downsizing seniors

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The concession would be the largest of its kind in Australia, saving over 4,000 seniors a total of $50M over two years, if the Liberals are re-elected for a third term at the March 11 election.

The discount would apply to properties valued up to $750,000. For a house priced at the WA average of $520,000, this amounts to an $18,715 saving.

One in three voters in WA are over the age of 60 while seniors make up 19 per cent of WA’s population, according to COTA WA CEO Mark Teale.

But will it actually go ahead? Considering the housing boom has been keeping state budgets in the black, we think it seems unlikely.

Pictured: WA Premier Colin Barnett. Credit: The West Australian