First Home Buyers Boost Implemented
Source: Victoria. Office of the Treasurer. Media Release
"The Brumby Government has implemented the new First Home Owners Boost by introducing the State Taxation Acts Further Amendment Bill 2008 into Parliament this week, Treasurer John Lenders said. Mr Lenders said the Government had moved the legislation through rapidly to ensure that applicants would receive their money as soon as possible.Victorians may now be eligible for up to $29,000 towards their first home – more than the residents of any other state. "This is the most generous grants package available to first home buyers of newly constructed homes in any Australian State or Territory,” Mr Lenders said."