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  • Profile photo of JamesAJamesA
    Member
    @jamesa
    Join Date: 2005
    Post Count: 2
    January 10, 2005 - 2:54 pm

    Hi Regrow,

    I know what they say about assumptions, but I would ASSUME this is the same for WA. Reason why I say this, is that the $7k grant is made under Commonwealth Law; only administered/distributed by the States.

    Profile photo of JamesAJamesA
    Member
    @jamesa
    Join Date: 2005
    Post Count: 2
    January 10, 2005 - 2:36 pm

    No you won’t.

    Do not try to apply for it though if you know you’re not going to live there.

    Reason why you won’t lose it, is because the legislation draws a difference between a ‘home’ and ‘property’. Therefore, you can own a property and later buy a home.

    Just be careful though, as:
    – they may close this loophole
    – if you live in Victoria, the $5k additional bonus is currently due to expire on June 30.

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