GREG PIPER - MAYOR AND INDEPENDENT MEMBER OF LAKE MACQUARIE
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    Posted 14 October 2008

    First Home-Owners Grants

    The Commonwealth Government has today announced changes to the First Home Owners Grant scheme, with first-home buyers now eligible for up to $21,000. (up from $7,000)

    This will be a significant encouragement for people to invest in new houses, helping to reduce demand for scarce rental properties.

    In NSW the grants are administered by the Office of State Revenue.

    Further information on the First Home Owners Grant Scheme and the NSW "First Home Plus Scheme" can be found at http://www.osr.nsw.gov.au/benefits/first_home/

    Click here for a fact sheet on how the schemes work.


    
    
    	
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