Victoria $12,000 First Home Grant
#16
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Originally posted by bondipom
Maybe the bureacratic costs of means testing make it cost innefective..
Maybe the bureacratic costs of means testing make it cost innefective..
"Have you ever previously purchased a home in Australia or elsewhere."
Immigrants who have owned property overseas and who are presently eligible for grants intended to give a leg up to REAL first home buyers has resulted in many formal complaints (submissions) to the Government.
Let the rorting cease.
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#17
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Originally posted by ABCDiamond
4 May 2004, the Victorian Treasurer, Hon John Brumby MP handed down the 2004-05 State Budget
It contains:
All Victorian first home buyers who qualify for the Government’s $7000 First Home Owner Grant (FHOG) will be eligible for an additional $5000 grant paid by the Victorian Government known as the First Home Bonus. This brings the total Government grants available to Victorian first home buyers to $12,000.
The First Home Bonus will be available for Victorian properties where the contract is entered into on or after 1 May 2004 and before 1 July 2005, and where the consideration paid under the contract is no more than $500,000
Victoria Office of State Revenue
4 May 2004, the Victorian Treasurer, Hon John Brumby MP handed down the 2004-05 State Budget
It contains:
All Victorian first home buyers who qualify for the Government’s $7000 First Home Owner Grant (FHOG) will be eligible for an additional $5000 grant paid by the Victorian Government known as the First Home Bonus. This brings the total Government grants available to Victorian first home buyers to $12,000.
The First Home Bonus will be available for Victorian properties where the contract is entered into on or after 1 May 2004 and before 1 July 2005, and where the consideration paid under the contract is no more than $500,000
Victoria Office of State Revenue
Does anything like this apply in Queensland??
Mark.
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Originally posted by mary1
Maybe Mark(Latham) will change it after the election?
Maybe Mark(Latham) will change it after the election?
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I'm sorry, but i don't agree. I feel that as Australian residents we should be entitled to the same as the Australians. We are all paying taxes on our jobs, paying for Ambulance cover, huge stamp duties on the purchase of houses, cars and bloody insurance for all of this. We are also skilled people Australia "require", and as you say "cash rich". You can't have it all ways surely
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Originally posted by Gold Coasters
Does anything like this apply in Queensland??
Mark.
Does anything like this apply in Queensland??
Mark.
The extra $5k is from the Victoria state government. I don't think Queensland has an equivalent additional grant - but the stamp duty levy is less.
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"We are all paying taxes on our jobs, paying for Ambulance cover, huge stamp duties on the purchase of houses, cars and bloody insurance for all of this"
I don't think the hospital patients I look after who can't work through chronic illness and are on the breadline would appreciate a "good slap".They can't help being on government benefits.
No one forced you to emmigrate here.Surely it was your choice.If you don't like it go home.As a permanent resident you are not an Australian.You have to live here 2 years before you can become a citizen.
If this were to happen in reverse. i.e.house prices in Oz were double that of UK and rich Ozzies were getting a handout when they got off the plane at Heathrow there would be an outcry.
I'm not saying UK immigrants shouldn't get the money only it should be means tested or should be given to Australian citizens .
I don't think the hospital patients I look after who can't work through chronic illness and are on the breadline would appreciate a "good slap".They can't help being on government benefits.
No one forced you to emmigrate here.Surely it was your choice.If you don't like it go home.As a permanent resident you are not an Australian.You have to live here 2 years before you can become a citizen.
If this were to happen in reverse. i.e.house prices in Oz were double that of UK and rich Ozzies were getting a handout when they got off the plane at Heathrow there would be an outcry.
I'm not saying UK immigrants shouldn't get the money only it should be means tested or should be given to Australian citizens .
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There's a Federal Budget next week ... maybe we'll see a clawing back of the FHOG in some way ...??
Best regards.
Best regards.
Originally posted by mary1
I can't believe they haven't means tested the 1st home owners grant.I don't think many Brits would like it if Ozzies were given $12K when they got off the plane to buy a house.
It seems unfair to me that property rich Brits can get $12K as soon as they get here buying a $500K property with a $20K mortgage.It was meant for young Oz "battlers " getting a foot on the property ladder.I'm sure the same complain about immigrants in the UK bludging off the the UK government.
I wonder how many will give it back when they decide they don't like Oz and want to go home because it is too expensive/hot/don't like the supermarkets/beer/health service....
Before I get abused.Last week Paul Clitheroe(famous financial journalist/TV presenter in Oz) commented on it in his magazine.
I can't believe they haven't means tested the 1st home owners grant.I don't think many Brits would like it if Ozzies were given $12K when they got off the plane to buy a house.
It seems unfair to me that property rich Brits can get $12K as soon as they get here buying a $500K property with a $20K mortgage.It was meant for young Oz "battlers " getting a foot on the property ladder.I'm sure the same complain about immigrants in the UK bludging off the the UK government.
I wonder how many will give it back when they decide they don't like Oz and want to go home because it is too expensive/hot/don't like the supermarkets/beer/health service....
Before I get abused.Last week Paul Clitheroe(famous financial journalist/TV presenter in Oz) commented on it in his magazine.
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There's a Stamp Duty calculator here:
http://www.loan.echoice.com.au/stamp.html
Note also that the Duty on mortgages in VIC is being abolished from 1st July 2004 following this week's State Budget.
Best regards.
http://www.loan.echoice.com.au/stamp.html
Note also that the Duty on mortgages in VIC is being abolished from 1st July 2004 following this week's State Budget.
Best regards.
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Originally posted by hevs
He could just go round and give all the scroungers a good slap
I'm sorry, but i don't agree. I feel that as Australian residents we should be entitled to the same as the Australians. We are all paying taxes on our jobs, paying for Ambulance cover, huge stamp duties on the purchase of houses, cars and bloody insurance for all of this. We are also skilled people Australia "require", and as you say "cash rich". You can't have it all ways surely
He could just go round and give all the scroungers a good slap
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I'm sorry, but i don't agree. I feel that as Australian residents we should be entitled to the same as the Australians. We are all paying taxes on our jobs, paying for Ambulance cover, huge stamp duties on the purchase of houses, cars and bloody insurance for all of this. We are also skilled people Australia "require", and as you say "cash rich". You can't have it all ways surely
![Confused](https://britishexpats.com/forum/images/smilies/confused.gif)
![Big Grin](https://britishexpats.com/forum/images/smilies/biggrin.gif)
There are plenty of Australian Residents who stay PR and never become citizens.. A friend of mine, he has been here for well over 20 years, he will not become a citizen. Why should he not claim for a grant ( not that he has, he has owned his own homes for years).. but he has paid twenty years of taxes here.
The First home owners grant was first introduced to offset the GST among many things, and gave the building industry a boost.. it is not totally true to say it was designed for "Aussie Battlers".
And, it did benefit the building trade enormously, so in fact it boosted the economy.
Yes there are people who rote the system ( i.e. putting houses in their kids name so they could claim it)... but you get bad apples everywhere
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#25
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Originally posted by mary1
"We are all paying taxes on our jobs, paying for Ambulance cover, huge stamp duties on the purchase of houses, cars and bloody insurance for all of this"
I don't think the hospital patients I look after who can't work through chronic illness and are on the breadline would appreciate a "good slap".They can't help being on government benefits.
"We are all paying taxes on our jobs, paying for Ambulance cover, huge stamp duties on the purchase of houses, cars and bloody insurance for all of this"
I don't think the hospital patients I look after who can't work through chronic illness and are on the breadline would appreciate a "good slap".They can't help being on government benefits.
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No one forced you to emmigrate here.Surely it was your choice.If you don't like it go home.As a permanent resident you are not an Australian.You have to live here 2 years before you can become a citizen.
I do like it and i shall be staying put, but thanks for your concern!
I am well aware that i am not Australian. But i have invested both time and money into this country, and, when the time comes, i will be proud to get a passport.
If this were to happen in reverse. i.e.house prices in Oz were double that of UK and rich Ozzies were getting a handout when they got off the plane at Heathrow there would be an outcry.
I'm not saying UK immigrants shouldn't get the money only it should be means tested or should be given to Australian citizens .
I'm not saying UK immigrants shouldn't get the money only it should be means tested or should be given to Australian citizens .
Also, if anyone sell us up and goes home, the government gets the money back, and more, once the house is sold again
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#26
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I was very proud to take the Governments offer of the $14,000 first home owners grant three years ago when we bought land & built our house. My wife & I discussed possibly giving this $14,000 to those Aussies on the Breadline but then thought about the problems this might cause them, you know like social payments cut etc so we did the right thing by them & used it ourselves.
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#27
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Originally posted by Bordy
I was very proud to take the Governments offer of the $14,000 first home owners grant three years ago when we bought land & built our house. My wife & I discussed possibly giving this $14,000 to those Aussies on the Breadline but then thought about the problems this might cause them, you know like social payments cut etc so we did the right thing by them & used it ourselves.
I was very proud to take the Governments offer of the $14,000 first home owners grant three years ago when we bought land & built our house. My wife & I discussed possibly giving this $14,000 to those Aussies on the Breadline but then thought about the problems this might cause them, you know like social payments cut etc so we did the right thing by them & used it ourselves.
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You can buy me a drink with you're ill gotten gains tomorrow
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#28
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Originally posted by hevs
Bordy, you're all heart mate. Rarely these days do you see such acts of selflessness![Big Grin](https://britishexpats.com/forum/images/smilies/biggrin.gif)
You can buy me a drink with you're ill gotten gains tomorrow
Bordy, you're all heart mate. Rarely these days do you see such acts of selflessness
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You can buy me a drink with you're ill gotten gains tomorrow
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I'm also Scottish Hevs. Buy your own bloody drink.
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#29
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Originally posted by Bordy
I'm also Scottish Hevs. Buy your own bloody drink.
I'm also Scottish Hevs. Buy your own bloody drink.
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Matts half scottish too. Expalains a lot really
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#30
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Originally posted by hevs
Do you remember the walkers crisps add with the old man counting his coppers in the shop.
"you'll nooo be havin a sale will ye?"
Matts half scottish too. Expalains a lot really
Do you remember the walkers crisps add with the old man counting his coppers in the shop.
"you'll nooo be havin a sale will ye?"
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Matts half scottish too. Expalains a lot really
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Canny remember that one. Only remember the Gary Lineker ones. I'm just a bit nervous of buying you a VB, never sure if your gonna drink it or run out looking for a fire.
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