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News by Anthony Keane Premium Content   A huge amount of financial firepower is available to help home buyers who know where to look for it. Federal and state government grants and incentives were available before COVID-19 struck, but some have been turbocharged by the pandemic. It s key reason why house prices, building approvals and lending activity are heading higher, but mortgage specialists say buyers first should understand the key details and potential pitfalls. Mortgage broker Rebecca Jarret-Dalton says the assistance currently available includes: • First Home Owner Grants for people buying new property or building a new home. • Stamp duty exemptions or discounts for new homes, which vary between states.

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