Hi guys... i work in the finance industry and below is just a little article on FHOG i came across today.
[i]"DJ MARKET TALK: Aussie Govt Will Extend Home Buyers Grant - WBC
0214 GMT [Dow Jones] Australia government will likely extend first
time buyers grant beyond original June deadline, given its success in stoking housing
sector demand, says Westpac economist Bill Evans. "Fiscal policy needs to remain
stimulatory." Says first time grant has been one of government's big excesses, and
that given housing is first component of economy to recover during a recession, government
budget will target it. Adds banks will be cautiously watching their loan to
valuation ratios. (EGC)