All Topics / Finance / first home owners grant

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  • Profile photo of 256bw256bw
    Participant
    @256bw
    Join Date: 2004
    Post Count: 7
    September 29, 2004 - 7:22 am

    Can anyone tell me if the first home owners grant is available to people under 18years if so
    can a child be an owner in a property using thier home owners grant

    Profile photo of giladgilad
    Member
    @gilad
    Join Date: 2004
    Post Count: 64
    September 29, 2004 - 9:13 am

    nah, i’m pretty sure that you have to be over 18 to receive the fhog. It is risky business trying to get the fhog for a child. I remember reading some articles in the herald sun probably half a year ago, about families where children had received the fhog. If i remember correctly, the government was going to crack down on it.

    But, i might be mistaken…

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    September 29, 2004 - 11:33 am

    16 is the age.

    http://www.mortgagehunter.com.au/first-home-owner-grant.html

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    3 year fixed rate – 6.69%

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

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