Australian Property Updates


Property Information & Real Estate Updates

Finance

NSW gets zero per cent stamp duty

NSW Government has announced new program to boost the housing market . Those who are over 65s and those buying homes off the plan will benefit from the country’s first zero per cent stamp duty, under the NSW Government’s latest budget showing the state back in the black two years earlier than expected. Treasurer Eric Roozendaal has announced a surplus ...

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Regional First Home Owners Grant Now Available in QLD

Premier Anna Bligh has announced that the Regional First Home Owner Grant (RFHOG) will be available from 1 June 2010. Under the initiative, the federal government’s First Home Owners Grant will be boosted from $7,000 to $11,000 by the state government for first-time buyers in the state’s regional areas. Ms Bligh said that the RFHOG had been brought forward from ...

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RBA's rate increase nightmare for first home buyers

MORE than 90,000 recent first-home buyers could be forced out of their homes because interest rates have risen faster than expected. They have been caught out by the Reserve Bank’s increase in rates – yesterday’s increase to 4.5 per cent was the third in three months and the sixth since October. The hike means repayments on a $300,000 mortgage will ...

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