All Topics / Help Needed! / 25k homebuilder handout

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of propertyboypropertyboy
    Participant
    @propertyboy
    Join Date: 2008
    Post Count: 232
    June 5, 2020 - 8:35 am

    Has the government released a formal fact sheet or act on this?

    I own a property in my own name but am married. Wife is not an aus citizen.

    Would I qualify?

    I make more than 125k but together less than 200k. Income was made overseas but we are moving back to Aus next month.

    Very unique scenario so want to know if I can get it so best to read the guidance in detail or call the helpline.

    Anyone got more details direct from the source (not news.com.au)

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    June 6, 2020 - 7:22 pm

    One of the qualifying criteria is borrowers need to be Australian Citizens.

    Cheers

     

    Yours in FInance

    Richard Taylor | Australia's leading private lender

    Profile photo of propertyboypropertyboy
    Participant
    @propertyboy
    Join Date: 2008
    Post Count: 232
    June 8, 2020 - 8:34 am

    The property is in my name and I am an australian citizen (but married to a non citizen).

    Has the government provided full guidance yet on this with all the criteria?

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    June 8, 2020 - 11:59 am

    Yes they sure have.

    https://treasury.gov.au/coronavirus/homebuilder?fbclid=IwAR0IpHWk0adxthwdH5xGm_yvrbx5Uv1m2LQ_yXv4bV1H6_N6RNGTvT66SZU

    This should get you going.

    Cheers

     

    Yours in Finance

    Richard Taylor | Australia's leading private lender

Viewing 4 posts - 1 through 4 (of 4 total)

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