All Topics / The Treasure Chest / FHOG – Which States?

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  • Profile photo of RobertMatheRobertMathe
    Member
    @robertmathe
    Join Date: 2002
    Post Count: 2

    Hi there Wrapers,

    I haven’t done a Wrap yet, but I am keen to get started. Is it correct that the Wraper can receive the FHOG immediately when Wraping in VIC and NSW.

    Does anyone know about the other States?

    Thanks…Rob

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Rob,

    Vic & NSW: immediate
    Tas. & Qld: After 12 months
    SA: Wraps illegal
    WA:?????

    Regards,

    Steve McKnight

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of enigmaenigma
    Member
    @enigma
    Join Date: 2001
    Post Count: 12

    I hear the FHOG is to end soon-any definite date?

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Klaus,

    While the government can change its mind at any time, the FHOG was ‘budgeted’ in the last Federal budget until June 2003.

    However, the $10,000 FHOG for new properties will be reduced to $7,000 (the same as is available for existing houses) from 1 July 2002.

    Regards,

    Steve McKnight

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

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