** Cash Rate on Hold for June **

June, 2017

 

At its meeting today, the Board decided to 

 

LEAVE THE cash RATE ON HOLD AT 1.5% 

The Governor of the RBA, Philip Lowe’s statement is available in full CLICK HERE

 

FINALLY SOME RELIEF FOR FIRST HOME BUYERS!!!

 

This month sees the announcement of a new First Home Buyers incentive package designed to improve housing affordability across the state effective from July 1st 2017. Features include: –

 

  • Stamp Duty abolished on all homes up to $650,000
  • Stamp Duty relief for homes up to $800,000
  • $10,000 grant for builders of new homes up to $750,000 & purchasers of new homes up to $600,000

 

For full details of all the incentives included check out this link:  https://www.nsw.gov.au/news-and-events/news/new-measures-to-help-first-home-buyers/

 

If you know a potential First Home Buyer please feel free to pass this email on.

Please don’t forget to like us on Facebook, and share with your family and friends to keep up to date with Lender news, hints, tips and tons of useful information.

 

Until next time….

Pride1

About Pride1