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First Home Buyer’s Benefits

The First Home Owners Grant (FHOG) was created in 2000 to grow the housing property market by enticing Australians to build new houses, rather than buy existing properties, with a large lump sum payment. This scheme makes building a new home more attractive to first homeowners and helps the Australian economy stay strong by investing into building new homes. The FHOG scheme is available throughout Australia, varying in criteria and eligibility for each state and territory. Each has legislation and rules regarding the FHOG scheme so if you’re not buying in Victoria, you may have different criteria to follow. The … Read more

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