First Home Owners Boost - No longer available as at Jan 2010

 As at January 2010 - no longer available

 On 14 October 2008, the Australian Government announced that it was introducing the First Home Owners Boost, which together with the current $7 000 First Home Owner Grant (“FHOG”) will provide first home buyers with up to $18 000 on houses purchased before 30 Sept 2009.

The Boost applies to contracts entered into on or after 14 October 2008 and will leverage off the administration of the current FHOG scheme.

The First Home Owners Boost will provide an additional $7 000 to first home buyers purchasing an established home before the end of June 2009.  First home buyers purchasing a newly-constructed home will receive an additional $14 000 on contracts signed before the end of Sept 2009. This figure will scale down from Sept through till December 2009.