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Federal Package Great News For Victorians

Premier John Brumby welcomed the Federal Government's $10.4 billion economic security strategy.  The $1.5 billion plan to assist new and first home buyers is a decisive move to help stimulate the housing market.

In conjunction with the existing Victorian Government's grants Victorians who enter in to a newly constructed home contract from 14 October 2008 to 30 June 2009 will get a cash grant of up to $29,000 in regional areas.

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