First Home Owner’s Grant: It’s still alive and kicking!

It never ceases to surprise us how often we encounter people who have the belief that the First Home Owner’s Grant is no longer in existence.

Be assured, the Grant of $7,000 towards the cost of purchasing a home is still in operation.

The grant was introduced in July 2000 to offset the effect of the GST on home ownership.

We suspect the confusion arose as a result of the boost to the First Home Buyer’s Grant coming to an end.

The boost was installed for a while during the Global Financial Crisis and subsequently brought to an end, leaving the basic grant of $7,000 in place.