Time to upgrade housing grant, broker says
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"The economics that drove the original payment are outdated and need to be reviewed as per any government grant," said the broker's chief operating officer Dean Rushton on Wednesday. The First Home Owners Grant (FHOG) was introduced by the Howard
Mr Satterley called on the State Government to increase the first home owners grant from $7000 to $15000 on new and established homes up to $450000. "It could do this from July and keep it going until the end of the year," he said.
However, First National Runcorn sales agent Olive Geary warned many first home buyers, who had taken advantage of the first home owners grant last year to buy a townhouse in the suburb, were now unable to service their mortgage.
"It's (the first home owners grant) less important than other major centres because there are less cost of living pressures." The HIA has suggested the withdrawal of the grant will exacerbate a 30-40 per cent decline in new home starts in the past 18
Battellino also raised concerns for the tens of thousands of first home buyers enticed into the property market in late 2008 and 2009 by the federal government's boosted first home owner grant - an emergency measure designed to prevent a fear-driven
Developer Nigel Satterley prefers to hook first home buyers with ...
WA property developer Nigel Satterley has called for a halt on interest rate rises in the short term, a boost to the first home buyers’ grant and an amnesty on residential stamp duty in an effort to boost the struggling WA property market.
In a wide ranging speech at a business breakfast at the Perth Convention and Exhibition Centre this morning, the founder and managing director of the Satterley Property Group said Perth was in the best property buyers’ market he had seen in 40 years.
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First home owner's grant A purchaser who qualifies as a first home owner may be eligible for the government's first home owner's grant of $7000. ...First Home Owner Grant Regulations, S R 37/2001
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First Home Owners Scheme
Under the scheme, a one-off grant of up to $7000 is payable to first home owners that satisfy all the eligibility criteria. More Information ...
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The gateway to information on the First Home Owner Grant in Western Australians
First Home Owner Grant Scheme - NSW Office of State Revenue
The First Home Owner Grant Scheme (FHOGS) is fully funded by the NSW ... Eligible first home owners can receive the grant regardless of their income or the area ...
First Home Owners Grant
First Home Owners Grant is a scheme which was established on July 1, 2000 and subsequently extended in the second half of 2008 to encourage home ownership ...