First home buyers intending on buying an existing property need to act fast to avoid the cut off date for the termination of the $7,000 first home owner grant is for established homes purchase contracts dated before 11 October 2012.

This First Home Owner Construction Grant started on the 12th of September 2012 and will provide a targeted and sustainable injection of confidence to the construction sector

The new First Home Owner Construction Grant will provide a targeted and sustainable injection of confidence to the construction sector.  First Home Buyers will be able to apply for a $15,000 grant to  assist with purchasing a newly contructed home.