The NT Budget 2012-13 was handed down on Tue 1.5.2012.
The NT Treasurer announced that the Government will defer the abolition of stamp duty on non-land business property including goodwill, licences and intellectual property, previously scheduled for 1 July 2012, until “the budget situation permits”.
The NT Treasurer also announced an extension of the BuildBonus scheme to 30 June 2012. The scheme supports the construction of new housing, including off-the-plan, up to the value of $600,000, with a one-off $10,000 grant to purchasers.
[LTN 81, 1/5]