Here we go with Victoria now giving stamp duty concessions to 1st home buyers and whilst it sounds like a great move to help those buying $600,00 and under, in reality any gain will go to the vendors as prices are pushed up with those trying to get into an already heated market- who will be the first to tackle CGT, stamp duty and land tax as a package. Markets always subvert the best intentions by behaving differently to expectations and no doubt we are in for a surprising year again with the amount of years to service loans jumping to new levels and heading into danger zones if and when interest rates go up.