First Home Owner’s Grant - Grab it or leave it be? Money Tip without the BS

The Government’s announcement that they would temporarily double the First Home Owner’s Grant from $7,000 to $14,000 if you purchase an existing home and triple it to $21,000 if you purchase a brand new home was welcomed by the housing industry.   They certainly need a boost at the moment.

I remember the days when I was itching to buy a home and it felt great when I was able to purchase a little three bedroom home in the burbs on my own.   This was back in the early 1990s.   I sold this house in only a few years ago and it did increase in value.  However, after I calculated interest costs and ongoing maintenance I made very little from it.    At least it forced me to save. Read more