All Topics / Value Adding / [b]Extra dollars [maroon] $$$$$$[/maroon][/b]

Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of JULES1JULES1
    Participant
    @jules1
    Join Date: 2003
    Post Count: 147
    December 22, 2004 - 8:33 am

    I am about to purchase my first house and am eligible for the $7000 state govt grant. But I had heard that the Federal Government still provide a part of the FHOG of about $5000.

    I can’t find out where I can get in touch with the Federal Govt department that looks after this.

    I need help somebody.
    Is the $5000 Fed Grant for real, and if so
    where can I find out about it.

    thanks

    Jules [anxious]

    JULES1
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    Profile photo of Robbie BRobbie B
    Member
    @robbie-b
    Join Date: 2004
    Post Count: 2,493
    December 22, 2004 - 8:59 am

    Which State are you in?

    Robert Bou-Hamdan
    Mortgage Adviser

    M: 0414 347 771
    E: [email protected]
    W: http://www.mortgagepackaging.com.au

    FREE Finance-Related Newsletter: See – http://www.mortgagepackaging.com.au/index_files/newsletter.htm

    Comments made are of a general nature and should not be construed as individual advice.

    © 2004 Mortgage Packaging Pty Ltd

    Profile photo of richmondrichmond
    Participant
    @richmond
    Join Date: 2003
    Post Count: 831
    December 23, 2004 - 2:07 am

    The $7000 grant is a federal grant.

    If you’re in Vic, the state govt throws in an extra $5k.

    hope that helps

    cheers
    r

    Profile photo of femaleage20femaleage20
    Member
    @femaleage20
    Join Date: 2004
    Post Count: 68
    December 23, 2004 - 2:34 am

    Think you get extra $$ in the NT as well. You should also get some sort of stamp-duty consesion (don’t hold me to it). Try a google serach for “first home buyers grant information”
    Hope that helps
    Claire

    Profile photo of JULES1JULES1
    Participant
    @jules1
    Join Date: 2003
    Post Count: 147
    December 23, 2004 - 2:59 am

    Hi all
    I am in Victoria. So you are saying I would get $5000 from State Govt and $7000 from Federal Govt.
    thats great.

    What Fed Govt would look after this grant, does anyone know???

    JULES1

    JULES1
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    Profile photo of JULES1JULES1
    Participant
    @jules1
    Join Date: 2003
    Post Count: 147
    December 23, 2004 - 3:12 am

    Thanks Claire.
    I did the search on Google and came up with the information I want.
    For others in my position here is the deal

    FHOG is $7000 and the Vic State Govt throw in a bonus of $5000. Both are administered by the State Revenue Office.

    There are also some additional duty concessions for pensioners and families. You need to obtain the details about the concessions as there is quite a list of criteria that you have to meet.

    One thing though – the Vic Govt Bonus is available only until 30 June 2005.

    Thanks all for your participation. You have steered me in the right direction.

    Wishing you a very Merry Christmas.

    Jules1 [angel]

    JULES1
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