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Home owner’s grant extended

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Wednesday 20 May 2009

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If you’re one of those people thinking of buying a property sometime soon in order to cash in on the first home owner’s grant, you’ll be pleased to know that the scheme has been extended, as announced in┬áthe budget last week.

While it’s not going to last forever and the scheme is being phased down, it’s still something that you’ll want to get your hands on if you’re a first home buyer.

In Moneygirl’s article of the week Ninemsn Money reporter Emma Thelwell, writes about the extension of the first home owner’s scheme.

Join our forum topic of the week – Does the first home owner’s grant help first home buyers or inflate prices?

 

 

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3 Comments

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Maggie
21 May 2009 at 12:35 pm

I have strong opinions on this type of stimulus. I’d be interested in reading more about correlation between recent foreclosure and those that used their grant as their deposit.

Penny
21 May 2009 at 5:08 pm

Didn’t the Victorian Government also announce an increase in their Home Buyer’s Grant?

And that would be in addition to the Federal Government’s Grant, right?

Melstar
25 May 2009 at 3:42 pm

Yay!!! Been thinking about this for a while – but seemed to be priced out of the market. It’ll be good to still have that as an option when I finally get the chance to buy my first home.

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