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The state government's stamp duty relief initiative is expected to be a major boost for its efforts to increase high density development and housing diversity. Photo: Gabriel Oliveira

Industry welcomes stamp duty relief for apartments

Off-the-plan apartment buyers in Western Australia will receive a 75 per cent rebate on stamp duty for the next two years, capped at $50,000, under a stimulus package unveiled by the state government today that has been roundly welcomed by the development industry.

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