First-home buyers in Queensland may be eligible for a government grant. This grant is commonly known as the:
Correct Answer
D) First Home Owner Grant (FHOG)
The First Home Owner Grant (FHOG) is a Queensland government grant available to eligible first-home buyers purchasing or building a new home. The grant amount and eligibility criteria are set by the Queensland government.
Why This Is the Correct Answer
Queensland's First Home Owner Grant is a one-off payment to eligible first home owners who buy or build a new home under a value cap. The amount and conditions are set by the Queensland Government and change from time to time.
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