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AFG: $2.7bn month attributed to first home buyers

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Australian Broker | 02 Aug 2012, 07:00 AM Agree 0
AFG's strongest July in five years is being attributed to a spike in first home buyers, lured by a "powerful cocktail of incentives"
  • Country Broker | 02 Aug 2012, 10:52 AM Agree 0
    This will be particulary relevant to Victoria where applicants had to sing consruction contracts by 30th June 2012 to be able to apply for a FHOG construction grant of either 26,500 in regional VIC or 7,000 less in Melbourne , crazy if they did not do it . A real shame the victorian goverment thinks that stamp duty reductions will keep forst home buyers in the construction market !! Especially when the Qld and NSW goverments have reintroduced incentives for construction.
  • Kym Dalton | 03 Aug 2012, 08:56 AM Agree 0
    Could be accused of pickiness here, but "luring" first home buyers into the market? One of the definitions of "luring" is "artificial bait used in fishing or trapping" One would hope that first home buyers are not being fished or trapped.
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