Those buying their first home have another six months to locate their dream dwelling and still benefit from last year’s boost to the first home owners grant scheme.
The first home owners grant was lifted from $7000 to $14,000 for existing dwellings and from $14,000 to $21,000 for new homes as part of the $10.4 billion stimulus package unveiled by the government in October last year.
The more generous scheme was set to expire on June 30 but has been extended due to the ongoing impact of the global financial crisis.
ยป Six more months for first home owners scheme – Businessday, 12th May 2009.