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FIRST-HOME buyers are continuing to lap up the Federal Governmentâs extended HomeBuilder Grant despite the recent $10,000 cutback to the scheme.
Deputy Prime Minister Michael McCormack made the revelation on Thursday while touring the site of a new housing development at Ripley.
He was accompanied by Senator Paul Scarr, who revealed applications for the grant had doubled since the three-month extension was announced last December.
Initially set to conclude December 31, the grant will now wind up March 31.
The original $25,000 payment for first home buyers was first was announced in June 2020 in a bid to help revive the struggling sector amid COVID-19.