If you are purchasing a new home in Tasmania, you may be eligible for the First Home Owner Grant (FHOG).
- From July 1, 2015, the FHOG in Tasmania increased from $7,000 to $10,000
- From 1 January 2016 onwards the First Home Builders Boost is no longer available.
What is the FHBB
The First Home Builder Boost (FHBB) is an increased First Home Owner Grant payment. Contracts entered into after 31 December 2015 are no longer eligible for the FHBB.
For contracts entered into between 1 January 2015 and 31 December 2015 inclusive, the FHBB was $20,000.
For more information, go to the Tasmania State Revenue Office