The
First Home Owner Grant (FHOG) scheme was introduced
on 1 July 2000 to offset the effect of the GST on
home ownership. It is a national scheme funded by
the states and territories and administered under
their own legislation.
Under the scheme, a one-off grant of up to $14,000
is payable to first home owners that satisfy all the
eligibility criteria.
First
Home Owner Grant Changes
The Australian Government has
announced a First Home Owner Boost, which supplements
the State & Territories Government funded First
Home Owner Grant Scheme.