1st time buyers grant ....
 

now $12,000

I heard this today from a real estate agent, can anyone confirm? ... :confused:

Re: 1st time buyers grant ....
 

WOW .I hope so .I move into my new house end of Feb.An extra 5 grand would come in handy...

Re: 1st time buyers grant ....
 

Indeed, altho don't pop any corks yet, it IS only a rumour I've heard.

Someone will know.

Re: 1st time buyers grant ....
 

It doesn't say so on the website.

http://www.firsthome.gov.au/

I did hear on the news that someone was trying to persuade the government to increase it though.

Re: 1st time buyers grant ....
 

Hi Wendy,

Yeah the more I think about it surely we'd of heard on the news maybe, or somewhere!

Would be nice tho!

Re: 1st time buyers grant ....
 

I googled and couldn't find anything either - except for this...but it only applies to Victoria..seems out of date as talking about 2005 ...but not changed as far as I know
http://www.ljhooker.com.au/content/c...=202&pagenum=2

there are phone numbers for the rest of Aus though..

Re: 1st time buyers grant ....
 

It'll be on here within seconds ;)

Re: 1st time buyers grant ....
 

Any news on increasing the 0 stamp duty level?

thanks

Re: 1st time buyers grant ....
 

This is the second time i have heard this rumour on this site this week, No smoke and all that... Well fingers crossed anyway!!

Re: 1st time buyers grant ....
 

Talking of which, does anybody know if anyone on a 457 visa has ever asked for this?

I know that it states that you must be a permanent residence but i wonder what exaclty they mean by that, It has come to my attention that in some cases (banks for example) the test to see if they class you as a permanent residence is if you pay income tax at the same rate as an Australian citizen, regardless of the actuall visa you are on.

Has anyone come across this or do you think i am clutching at straws?

Gary

Re: 1st time buyers grant ....
 

There is a difference between "residence" and "permanent residence". I think you are clutching at straws, sorry.

You need to get used to the idea that 457 visa holders have relatively few rights in Australia. In fact, even to purchase real estate in the first place, you need FIRB permission. http://www.firb.gov.au

Re: 1st time buyers grant ....
 

I was told that if you purchase when on a temp visa, and go on to gain PR, you can claim that 1st time buyers grant back.

BUT!!! ... it appears I'm getting told allsorts at the mo.

I WAS even told the summer was gonna kill me with the heat! ... :rolleyes:

Re: 1st time buyers grant ....
 

I have heard that you can retrospectively claim the grant if you get PR within 12 months of the purchase.
It was just hearsay though, so look in to it somewhere 'official'.

Re: 1st time buyers grant ....
 

That is absolutely 100% true as I just did it!
Actually, I was 12 months and 1 day and they still gave me the grant.

Andrew

Re: 1st time buyers grant ....
 

hi

How is the grant paid?We have just bought a house and move in March. Does the grant go through the bank? How long does it take. I have completed the form and given it to the bank, do they do the rest?

steve