Tasmania’s stamp duty exemption for first-time home buyers is scheduled to end on June 30th, creating urgency for those nearing property settlement. The scheme, designed to ease the financial burden of homeownership, has been a significant incentive for new entrants to the property market. Some buyers are now racing against the deadline to complete purchases and avoid the tax. The expiration could add thousands of dollars to the cost of buying a home for those who miss the cutoff date. Real estate agents report increased activity as buyers attempt to finalize deals. The Tasmanian government has not announced any extensions to the program, leaving prospective buyers to adjust to the changing financial landscape. This change is expected to impact affordability for first home buyers in the state.