First home owner grant boost gets industry thumbs up
Tuesday, 14 October 2008
The Rudd government's announcement of an increase in the First Home Buyers Grant up to the tune of $21,000 for newly built homes is a very welcome initiative for the building sector, and will help to pull the sector out of a downward slide. According to Prime Minister Rudd good performance in the housing sector is critical for the economy’s overall performance. The increase for first home buyers receiving the grant will provide an incentive to now consider buying or building a first home, following the slowdown in activity from recent tough times.
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