Last weekend for boosted first home grants

The first home buyers boost will halve on October 1 leaving first home buyers who want to take advantage of the full boosted grant just a few days to sign a contract of sale before the end of September.

First home buyers pushed new house sales to their highest levels in August since January 2008.

The results were even stronger in Victoria where the state government has added to the federal grants with $11,000 grants for first home buyers as well.

Until the end of the month, a first home buyer can collect $14,000 for buying an existing home from the federal government.

After September 30, a first home buyer can collect $10,500 for an existing home.

The grants will reduce again from January 1.

Source: Herald Sun

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