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First Home Owner’s Grant increased

October 14, 2008 in Latest News by admin  |  No Comments

First Home Owners Grant increased up to$21,000.00Prime Minister Kevin Rudd announced today that the First Home Owner’s Grant would be increased from the current level of $7,000.00 to:

$14,000.00 to purchase an existing property


$21,000.00 to purchase a newly constructed property

These changes are part of the Government’s $10.4 Billion Stimulus Plan and are EFFECTIVE IMMEDIATELY !!! and will expire on the 30th June 2009.

First Home Owners also benefit from paying NO STAMP DUTY for properties up to $500,000.00 and NO MORTGAGE DUTY.

To find out how you can take advantage of the increased FHOG and other savings click on the “Contact Us”button.

Posted in Latest News.