Australia's biggest gun buyback in decades is set to launch in New South Wales, marking a historic step in national firearm reform. The state and federal governments have agreed to share costs, with the first phase beginning on 2 November 2026. This program directly responds to the Bondi beach terror attack and aims to remove thousands of firearms from Australian communities.
NSW Gun Buyback: Phases and Compensation Rates
The buyback will roll out in two phases. Phase one starts 2 November 2026 and covers most firearms, while phase two begins in early 2027 for higher-value weapons. Compensation is fixed per firearm type, ensuring transparency for gun owners.
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Phase One Compensation Table
| Firearm Type | Compensation Amount |
|---|---|
| Revolvers | $1,000 |
| Semi-automatic handguns | $850 |
| Double-barrel shotguns | $850 |
| Single-barrel shotguns | $650 |
| Rifles (range) | $650 – $1,000 |
| Air rifles | $450 |
Phase two, starting in early 2027, offers a pathway for eligible firearms with an indicative market value above $3,000, capped at $10,000 per firearm. This ensures owners of collectible or high-end weapons receive fair compensation.
Why This Buyback Matters for Australian Gun Reform
The Bondi attack on 14 December 2025, where two gunmen allegedly killed 15 people, prompted urgent legislative action. Prime Minister Anthony Albanese emphasized the need for meaningful nationwide reform. NSW has already tightened gun laws, limiting individual ownership to four firearms (with exceptions for farmers and professional shooters up to 10) and banning weapons that allow multiple shots without reloading.
NSW Police will administer the buyback, ensuring a secure and efficient surrender process. This is the largest initiative of its kind since the 1996 Port Arthur buyback, reflecting a renewed commitment to public safety.
Key Takeaways for Gun Owners
- Phase one begins 2 November 2026 – mark your calendar.
- Compensation ranges from $450 to $1,000 per firearm in phase one.
- Higher-value firearms (over $3,000) qualify for phase two compensation up to $10,000.
- NSW Police will handle all surrender procedures.
- Ownership limits now apply: 4 guns for individuals, 10 for farmers/professionals.
How to Participate in the NSW Buyback
Eligible gun owners should prepare by gathering firearm details and registration documents. NSW Police will release official guidelines closer to the start date. Expect a structured process: register your intent, receive a surrender appointment, and collect compensation after verification.
Stay updated via the NSW Police website or local news. This program is voluntary but strongly encouraged to align with new ownership limits and avoid penalties.
FAQ
What is the compensation for a semi-automatic handgun in the NSW buyback?
Can I get more than $1,000 for a high-value firearm?
Who administers the gun buyback in NSW?
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