❓ Hon Tjorn Sibma asks about the number of First Home Owners Grant (FHOG) applications submitted and approved within a specific timeframe, focusing on properties valued between $450,001 and $500,000, and the associated duty collected. The Minister provides data on submitted and approved applications and estimated transfer duty.
AnsweredQoN 292Legislative Assembly
QuestionView source ↗
First home owners grant
292. Hon Tjorn Sibma to the minister representing the Minister for Finance:
I refer to the first
home owners grant (FHOG) scheme.
(1) How many FHOG grant applications have been
submitted and approved from 18 February to 21 March this year?
(2) How many of these applications related to
purchases of a property at a value of $450,001 to $500,000?
(3) How much duty has been collected or will be
collected as a consequence of the transactions related to in question (2) above?
292. Hon Tjorn Sibma to the minister representing the Minister for Finance:
I refer to the first
home owners grant (FHOG) scheme.
(1) How many FHOG grant applications have been
submitted and approved from 18 February to 21 March this year?
(2) How many of these applications related to
purchases of a property at a value of $450,001 to $500,000?
(3) How much duty has been collected or will be
collected as a consequence of the transactions related to in question (2) above?
AnswerView source ↗
I thank the member
for some notice of question, which was first asked on 21 May, so it was correct
at that time. The Minister for Finance has provided me with the following
information.
(1) There were 509 submitted applications and 809
approved applications. The number of approved applications includes FHOG
applications approved or paid in the relevant date range, regardless of when
they were submitted.
(2) There were 13 submitted applications and 20
approved applications. The number of approved applications may include some
that were both applied for and approved in the relevant date range.
(3) There has been total of $65,341 in submitted
applications and $83,019.20 in approved applications. This data is based on an
estimate of the transfer duty payable using the value declared in the relevant
first home owner grant application.
for some notice of question, which was first asked on 21 May, so it was correct
at that time. The Minister for Finance has provided me with the following
information.
(1) There were 509 submitted applications and 809
approved applications. The number of approved applications includes FHOG
applications approved or paid in the relevant date range, regardless of when
they were submitted.
(2) There were 13 submitted applications and 20
approved applications. The number of approved applications may include some
that were both applied for and approved in the relevant date range.
(3) There has been total of $65,341 in submitted
applications and $83,019.20 in approved applications. This data is based on an
estimate of the transfer duty payable using the value declared in the relevant
first home owner grant application.
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