Governments Abandon Majority of First Home Buyers

March 24th,2014

In 2000, an InterGovernmental Agreement (IGA) was made that states’ assistance to first home buyers would be “uniform” and that “an eligible home will be new or established”.

More first home buyers will be left out in the cold according to the Real Estate Institute of Australia (REIA), following the announcement by the Tasmanian Government to end the $7,000 First Home Buyer Grant in that state.