Government offers tax-free incentives of almost $10,000 per year for 10 years!
AAP Updated May 11, 2012, 7:02 amPress Release


Following industry demand and a significant momentum in applications in recent months, the incentives have given the housing industry a real boost. The NRAS program is beginning to make headway in the housing industry, with the $10,000 tax free incentives available to all home purchasers buying or building a new home worth less than $600,000.

With official interest rates lowered in recent months, and the possibility of more rate cuts, these incentives for buying or building a new home means it's never been more attractive to get a new home and support the state's housing industry.