Tuesday, September 15, 2009

30 September 2009 - $7000 off your first homebuyer grant

Just a reminder...
Eligible first home buyers who sign a contract to purchase an existing home by 30 September 2009 will receive an extra $7000, taking the total lump sum payment (including the First Home Owner Grant) to $14,000. 
Eligible first home buyers who sign a contract to construct or purchase a new home by 30 September 2009 will receive an extra $14,000, taking the total lump sum payment (including the First Home Owner Grant) to $21,000. 
The First Home Owners Boost payment will change from 1 October 2009 and cease on the 31 December 2009.
Leave a comment below if you are one rushing to buy a house before 30 September or 31 December. 

WA housing starts drop 18% in 2008-09

Low interest rates and a more generous government housing grant have failed to lift the rate of new home building, with housing starts in WA falling by a larger than forecast 18.1 per cent in 2008/09.

The Australian Bureau of Statistics dwelling commencements report for the June quarter showed that home starts in WA fell by a seasonally adjusted 6.3 per cent to 4,345 units.

Over the 2009 financial year, housing starts fell 18.1 per cent in WA, according to CommSec. The Housing Industry Association had yesterday forecast a fall of 15 per cent 

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