The First Home Owner Grant (FHOG) is a one-time payment designed to support and encourage first-time home buyers in purchasing or building a new residential property as their primary residence.
The First Home Guarantee (FHBG) is part of the Home Guarantee Scheme (HGS), an initiative by the Australian Government to help eligible home buyers purchase a home sooner. Housing Australia administers the scheme on behalf of the government.
Certain states, such as Western Australia, provide stamp duty exemptions or concessions for first-home buyers, including new immigrants. These benefits help to lower the initial costs of purchasing a home.