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	<title>Patricia Chan &#187; real estate</title>
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	<description>Multimedia Consultant, Canberra, AU</description>
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		<title>Extension to First Home Owner Grant Boost in Australia</title>
		<link>http://patriciachan.com/2009/05/extension-to-first-home-owner-grant-boost-in-australia/</link>
		<comments>http://patriciachan.com/2009/05/extension-to-first-home-owner-grant-boost-in-australia/#comments</comments>
		<pubDate>Wed, 13 May 2009 01:01:38 +0000</pubDate>
		<dc:creator>Patricia Chan</dc:creator>
				<category><![CDATA[Anything Goes]]></category>
		<category><![CDATA[Updates]]></category>
		<category><![CDATA[buy house]]></category>
		<category><![CDATA[canberra real estate]]></category>
		<category><![CDATA[first home buyer]]></category>
		<category><![CDATA[real estate]]></category>

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		<description><![CDATA[Australian&#8217;s national budget was released last night.  I am particularly interested in this part of the budget: The Australian Government has announced that the First Home Owner Grant (FHOG) Boost will be extended for another 6 months. However it will be phased out in December 2009.  The boost will also be reduced by half after 3 months of the extension period. For eligible buyers entering into a contract between 1 July 2009 and 30 September 2009 (inclusive), the FHOG will be $14,000 for established homes and $21,000 for new homes. For eligible buyers entering into a contract between 1 October 2009 and 31 December 2009 (inclusive), the FHOG will be $10,500 for established homes and $14,000 for new homes. Source: http://ato.gov.au/budget]]></description>
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