Plan to cut stamp duty to encourage people to move from floodplains - Sydney Morning Herald

The state government will look at reductions in stamp duty to encourage people to move away from flood plains as deputy police commissioner Mal Lanyon is tasked with driving northern NSW’s recovery.

Mr Ayres on Tuesday told a budget estimates hearing it was a farcical proposition to buy out homes in major flood-affected areas like the Hawkesbury-Nepean valley in his electorate. He said it was b… [+1890 chars]

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