First Home Owners Grant (FHOG)

Submitted by Capkon on Fri, 05/07/2021 - 16:09

The First Home Owner Grant, succinctly put as FHOG, is a substantial amount of cash available to first home buyers to encourage and assist with the cost of purchasing or building their first house. The Federal government introduced this first home buyers grant as a national scheme. However, the FHOG is funded by the states and territories, so the rules vary in each state. The first home buyers grant does not have to be repaid and is non-taxable, although there are caveats.

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