Remember this oneReporter: "Can you confirm that there will be...

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    Remember this one

    Reporter: "Can you confirm that there will be no increase in the First Home Buyers Grant?"

    Plibersek responded: "No there won’t be. There won’t be an increase in the First Home Buyers Grant, because we’ve seen from experience what happens when you provide a grant like that – or increase it – is that it goes straight into the pocket of the seller."

    Then, a few weeks later the Government tripled the grant under the existing First Home Buyers Grant if first homebuyers signed a contract on a newly built home before June 30 this year. It also doubled the grant for established homes.

    Read more - http://barefootinvestor.com/tanya-plibersek-barefoot-go-head-head/
 
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