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Finance > Insurance > Home InsuranceThe First Home Owners Grant

Posted by nick_niesen in Finance on November 8th Nick Castellanos Jersey , 2010

Copyright 2006 Tracey Anderson

The Australian federal government introduced the First Home Owner Grant (FHOG) in 2000 to compensate for the GST (goods and services tax) and to make buying a home easier for all Australians. Since that time, this popular grant has helped people in every state to buy their first home. As a result of this grant, as well as other economic factors, homeownership in Australia is now at an all-time high.

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