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.
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Until next time….