Labor says plans to abolish stamp duty for most first homebuyers, could benefit more than 46-thousand people.

The state opposition is promising to remove the tax for those purchasing a property worth up to 800 thousand dollars, if it wins the upcoming election.

A steep discount would also be offered to people wanting to buy homes upwards of a million dollars.

Shadow Treasurer Daniel Mookhey told John Stanley it’s a winning initiative.

John Stanley took Mr Mookhey to task over a few unanswered queries regarding the policy.

John Stanley: “You’ve got no plans of finding a better way of raising that revenue?”

Daniel Mookhey: “No we are syaing for first home buyers..

John Stanley: “I’m talking about broadly stamp duty, will it stay for everyone else.”

Daniel Mookhey: “Any broader question about stamp duty requires intervention from the commenwealth.”

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