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NSW undecided on first home buyer grant extension

The NSW Government is currently in the process of considering extending its $3,000 first-home owners grant, after it was reported they were planning to scrap it.

The Government announced the scheme in November last year for first-home buyers who purchase a new or newly construction home within a year, with the scheme expected to expire in November of this year.

A spokesman for NSW Treasurer Eric Roozendaal said the Government is monitoring the impact of the scheme on the economy and that “no decision has been made about extending the supplement beyond the original expiry date.”

They are encouraging eligible people to take advantage of one of the most “generous first-home buyers schemes in Australia.”

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Jessica Stanic

Jessica Stanic

Jessica has a background in both marketing and journalism and is dedicated to making the website the leading online resource for small to medium businesses with ambitions to grow.

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