In Australia, first home buyers can get access to quite a bit of help from the Government. In this episode we explore First Home Buyer Grants and Concessions. Grants are when the Government gives you money (yay) to build or buy a new home, whilst concessions are the reduction in stamp duty you need to pay as a first home buyer. And we all want to pay less tax right? We explore eligibility requirements, the differences between each state, and how you can layer the grants, schemes and concessions to make sure you get the most benefits. Amy also chats to mortgage broker Tom Pearse from Pearse Financial and conveyancer Josh Diamond from My Legal Advisor to find out the broker and legal representatives role in the grant and concession process.
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