I wrote in an earlier blog that the building industry is an important industry to the Australian economy. With the economy suffering at the moment it would not be surprising to hear of announcements around building incentives for people wishing to purchase new homes. So one such announcement that has been put up but not finally agreed upon is a $50000 cash grant for new home builders. This kind of announcement is not surprising given the environment that we are now living in. If one were wishing to take advantage of such a proposal the important point would be to prepare yourself by say getting together a deposit . There are a few sources which could be helpful in that regard for example government stimulus payments and early withdrawal of super.
Being prepared is important because if this causes an increase in building orders it may be better to be at the front of the queue.