Eric Ripper

Eric Ripper

Deputy Premier; Treasurer; Minister for State Development

    Gallop Government supports first homebuyers

    10/01/2006 1:00 AM

    More than 18,000 first homebuyers received a $7,000 grant from the Gallop Government in 2005, new figures show.

    Treasurer Eric Ripper today said the Government had provided $127.4million for first homebuyers in Western Australia over the past 12 months.

    “That is up from $106million in 2004 and $103million in 2003,” Mr Ripper said.

    The Treasurer said the figures compiled by the Office of State Revenue proved the Gallop Government was serious about supporting first homebuyers.

    “Since 2003, the Gallop Government has helped almost 50,000 Western Australians buy their first home by providing them with $7,000 under the First Home Owners Grant program,” he said.

    “In addition, we are encouraging more first homebuyers into the market by offering them full or partial stamp duty relief.”

    Latest available ABS data shows the number of first homebuyers in WA increased by 24.2 per cent in the 12 months to October.

    Treasurer's office: 9222 8788