South Australian Government has extended stamp duty concessions for off-the-plan apartments in July's state budget.
Concessions of up to $15,500 have now been continued until the end of June 2017.
These concessions originally applied only to apartments in Adelaide's CBD and some inner suburbs but will now apply to any new apartments built anywhere in the state.
Treasurer Tom Koutsantonis told ABC News, "It creates more jobs and more prosperity and more wealth and gives people affordable housing in very limited and scarce land releases that are close to existing infrastructure like schools, buses and existing transport routes," he said.
Mr Koutsantonis added that the State Government will continue to offer a $15,000 first home owner's grant for new homes, which means some people would be eligible for $30,500 in government incentives.
"That's a good deal at a time when interest rates are at record lows," he said.
SA Opposition Leader Steven Marshall told ABC that he welcomed the measures but was concerned the Government was making good news announcements before the election and leaving any bad news until budget day on July 7.
"This is a sneaky Government ... that likes to put up taxes," Mr Marshall said.
"There is no other jurisdiction in South Australia that has moved their budget until after the federal election and that makes me very worried on behalf of the people in our state."
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