First Home Owner’s Grant

Australia’s Prime Minister Kevin Rudd said “The First Home Owner’s Grant Boost as you know we’ve indicated that that will conclude within a very fixed and finite time frame.”  “We’re still measuring the full effect but I think it’s very important that as a community we understand that deadlines are imposed for a particular purpose. It’s had strong, useful results so far but I’ve got to say, all good things must come to an end”

There has been no formal decision made on whether or not the FHOG Boost will be extended beyond 30 June 2009.

Source: Real Estate Institute of Australia