Tuesday, April 30, 2013

First home owner (buyer) grant and stamp changes from 1st July 2013

I noticed there was a change to the first home owner/buyer grant which will effect a lot of first home buyers. The first home owner/buyer grant from the 1st of July 2013 will only apply to new homes and not to established homes. Also of interest it appears the stamp duty reduction schedule appears to have been brought forward for first home owners/buyers giving a saving on stamp duty from the 1st of July 2013.

On 28th of April the Victorian Government has announced the following changes to state taxes and grants which will be included in the 2013-14 State Budget:... Read More

Each first home buyer interested in buying a property should review and factor the changes into their decision.

- Kelvin Eldridge
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