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Tasmania Liberals vow to double grant and reduce stamp duty for first home buyers; TAS Liberals allocate extra $3.5 million to provide grants to build new first homes
Topic Started: 22 May 2012, 06:18 PM (1,185 Views)
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Libs offer to double first home grant

LORETTA JOHNSTON
22 May, 2012 07:10 AM

A LIBERAL government would double the first home builders' grant and reduce stamp duty for first home buyers, Opposition Leader Will Hodgman said yesterday.

Mr Hodgman will deliver his alternative budget today.

He said the Liberals had allocated $3.5 million to provide up to 500 grants of $7000 in 2012-13 to build new first homes.

``This would be on top of the $7000 grant from the federal government, meaning first home builders would receive $14,000 in support,'' he said.

Mr Hodgman said his party's alternative budget would protect frontline services and put downward pressure on the cost of living.

Read more: http://www.examiner.com.au/news/local/news/politics/libs-offer-to-double-first-home-grant/2563755.aspx
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newjez
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500 doesn't seem like an awful lot.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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stinkbug
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We got the $14,000 first home builders grant ($7,000 FHOG + $7,000 building grant) when we built our first home back in 2001. Awesome stuff.
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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peter fraser
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newjez
22 May 2012, 06:26 PM
500 doesn't seem like an awful lot.
It appears to be just for Tasmania.

Any expressed market opinion is my own and is not to be taken as financial advice
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justin007
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Labor were recently crapping on about the great job they have done and how its going to lead to lower interest rates.

"A labor government is a low interest rate government" says the red headed clown.

Libs are talking about doubling first home grants. It feels like 2008 again. Better buy another house.

An economist is not necessary, nor able to work out what policy makers will do next... only a sociopath is capable of accomplishing this.
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themoops
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It should add to supply so it's good.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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justin007
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themoops
22 May 2012, 08:52 PM
It should add to supply so it's good.
It might take a while for you to get your crash..

With both sides openly indicating their intent on propping up prices who knows if they will overshoot the mark again. Only when there are zero bullets left will we see what transpires.

A potential bail out would destroy the books a whole lot more than creating demand, even if artificial, through financial incentives or changes in immigration policy.

I wonder what the cost difference is between currently receiving truckloads of tax revenue from tradies as opposed to having them all on centerlink.

GDP numbers don't have to be ethical anymore it seems.. they just have to be there.


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zaph
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justin007
22 May 2012, 06:57 PM
Labor were recently crapping on about the great job they have done and how its going to lead to lower interest rates.

"A labor government is a low interest rate government" says the red headed clown.

Libs are talking about doubling first home grants. It feels like 2008 again. Better buy another house.

An economist is not necessary, nor able to work out what policy makers will do next... only a sociopath is capable of accomplishing this.
The article is about state politics and policies of Tasmania not the feds.
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themoops
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justin007
22 May 2012, 09:42 PM
It might take a while for you to get your crash..

With both sides openly indicating their intent on propping up prices who knows if they will overshoot the mark again. Only when there are zero bullets left will we see what transpires.

A potential bail out would destroy the books a whole lot more than creating demand, even if artificial, through financial incentives or changes in immigration policy.

I wonder what the cost difference is between currently receiving truckloads of tax revenue from tradies as opposed to having them all on centerlink.

GDP numbers don't have to be ethical anymore it seems.. they just have to be there.

Tradies will still have plenty of work fixing dunnies and changing light bulbs for a lot less money.

I'm not so confident they're still willing to go all out to prop up prices anymore with some poxy Rudd shit. They haven't done anything lately have they.

We'll see how the election goes. A week is an eternity in politics, no doubt the MSM and the powers that be are stinging for Abbott, they're all willing to felch each other with their constant attacks on the surface without offering barely anything in the way of policy. You've got a lot of weak minded people who are angry and blame Julia for everything from the stupid debts they have to their burnt toast. There is time for them to wake up. I'm pretty sure Julia has nothing but contempt for the politico housing complex. All it takes is a few bogans in ads to sway people how they vote. Plus you have the Stable Population Party which is constantly being mentioned and I'd say the Greens will probably get a boost.

40%+ of the money that gets lent out comes from overseas and it's looking weaker and weaker by the day. It's the credit that is the main driving force, just a little interruption with that and it's all over.

Imo property, on the whole, is toast.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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NotFooled
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It artificially distorts the market leading to further issues down the track when the grant is removed and stamp duty returns to normal. What they really need to do is permanently lower transaction costs.
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