Did you know about more than 670,000 people purchased a new property in 2023? The numbers are impressive because the real estate market is far from affordable. What’s more intriguing is that first-time home buyers contribute 10% of the housing…
As part of Queensland’s 2024-25 State Budget, the Steven Miles Labor Government has announced that it will reduce the stamp duty for first home buyers in Queensland. Along with this they will maintain the $30,000 First Home Owners Grant (FHOG)…
As part of South Australia’s 2024-25 State Budget, the Peter Malinauskas Labor Government has announced that it will remove stamp duty for all first home buyers who are looking at purchasing or constructing a new home. Along with the Stamp…
In May 2024, Western Australian Premier Roger Cook & Treasurer Rita Saffioti delivered their first state budget. With it, they have some delivered some much-needed good news for Western Australian first home buyers. The 2024-25 Budget delivers $1.1 billion for…
In the 2024/25 Budget released on the 14th of May 2024, the Albanese Government has announced a raft of measures for the housing sector. However, first home buyers are a group that have been left out to a certain extent.…
On Tuesday, the 07th of May 2024, the Reserve Bank of Australia (RBA) decided to maintain the interest rates at 4.35%, marking the fourth consecutive month where the rate has remained unchanged. Recent data available to the RBA indicates that…
The Federal Labor Government’s Help to Buy scheme, set to launch this year, has been touted as a game-changer for aspiring first home buyers, with the Government proposing to provide an equity contribution of up to 40% of the purchase…
In November 2023, the Palaszcuk Government along with the Minister for Housing, Meaghan Scanlon, announced that they are fighting the cost-of-living crisis by backing first home buyers. As part of their new policy, eligible first home buyers can now receive…
On Tuesday the 06th of February, the Reserve Bank of Australia (RBA) decided to maintain the interest rates at 4.35% following a period of slower inflation toward the end of 2023. Many experts are predicting that we have already hit…
First Home Buyers Australia (FHBA) are pleased to announce that we have redesigned our website and created some more exciting features, helping first home buyers achieve the Great Australian Dream of home ownership. We have listened to our readers and…