The First Home Owner Grant (FHOG) initiative is a nationwide program that is funded by each
Australian state and territory according to their respective laws.

The FHOG program offers a single payment to eligible home buyers who meet the relevant criteria.
The program was introduced to offset the impact of the Goods and Services Tax (GST) on purchasing
a property. The specifics of the program differ in each state, and further details can be accessed by
clicking your states on the map:

To encourage individuals who are buying their first home, numerous states and territories in
Australia provide concessions on stamp duty charges. Typically, first-home buyers are not required
to pay stamp duty fees for purchasing established homes up to a specific value.

However, the terms and conditions of this scheme are not uniform across all states. For further
details about stamp duty concessions available for first home buyers in your state, click on the map:

The First Home Guarantee (FHBG) is a component of the Home Guarantee Scheme (HGS) initiated by
the Australian Government to support qualifying first home buyers in purchasing a home sooner.
The National Housing Finance and Investment Corporation (NHFIC) manages the scheme on behalf
of the government.

Through the FHBG, NHFIC provides a guarantee on part of the home loan amount from a
participating lender for eligible first home buyers. This enables them to purchase a home with only a
5% deposit, without the need to pay Lenders Mortgage Insurance.

Further information on First Home Guarantee Scheme can be found on the NHFIC website.