Seeing as we're on a spending spree for those lucky first home buyers, why not make it even more?! News from the NSW OSR site.. Effective from 11 November 2008 a NSW New Home Buyers Supplement of $3,000 will be added to the existing $7,000 grant for eligible First Home Owner Grant applicants building a new home or buying a newly constructed home. The $3K Supplement will be available for 12 months (11 Nov 2008 to 10 Nov 2009), at which time it will be reviewed in the context of the property market. This Supplement is in addition to the $14,000 provided under the Commonwealth’s First Home Owner Boost scheme. This will give eligible First Home Owner Grant applicants building a new home or buying a newly constructed home a total of $24,000. No wonder we're all coughing up to pay a congestion tax to get into our own city- someone has to cover the benefits handed out by our govt!!