First Home Owner Grant Bill 2000

Constitutional Affairs Committee (1989 - 2001)· 23 May 2000general_report

The WA Parliamentary Constitutional Affairs Committee reviewed the First Home Owner Grant Bill 2000, designed to implement a $7,000 grant to first home buyers to offset the GST impact. The committee examined the bill's clauses, eligibility criteria, and administrative processes, receiving submissions from stakeholders. The report recommends the bill be passed.

Impact

First home buyers in Western Australia will be affected, as the bill establishes the First Home Owners Scheme (FHOS) providing a $7,000 grant. The State Revenue Department and financial institutions will administer the scheme. The construction and real estate sectors will also be indirectly affected.

housingfinanceconstructionpublic_sectorFirst Home Owner GrantFHOGGSTfirst home buyerspropertyhousing affordabilityState Revenue Departmenteligible transactionresidence requirementWestern Australia

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