[no bill text published] Eligibility and payment changes for the First Home Owner Grant
First Home Owner Grant Amendment Bill 2024
Assembly
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The grant is available for homes that are not new if the contract is made between 1 October 2024 and 1 October 2025.
The grant amount jumps to $50,000 for new homes if the transaction starts between 1 October 2024 and 1 October 2025.
The grant is $10,000 for homes that are not new; it is also $10,000 for any home if the transaction starts after 1 October 2025.
Applicants must live in the home for at least 12 months if the transaction starts between 1 October 2024 and 1 October 2025.
Applicants must live in the home for at least 6 months if the transaction starts outside that window.
Replacement contracts for the same home are treated as if they were made on the date of the original contract.