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MORE than 33,000 first home buyers across NSW have received substantial support towards buying their first home thanks to the NSW Government’s focus on getting more people into more homes sooner.
 
Beneficiaries of First Home Buyers Assistance include many on the Central Coast including the electorate of The Entrance.
 
More than 1300 first home buyers on the Central Coast received $29.5M in stamp duty support in the last 12 months under Labor’s new program.
 
The Central Coast won big with the largest number of first home buyers receiving assistance of any council outside of Sydney and the second most recipients of any Council in NSW (behind Cumberland Council).
 
First home buyers across NSW have saved an average of $20,479 on stamp duty. Over two thirds have paid no stamp duty at all. This makes a material difference for people while they save up for a deposit, helping them get into their dream home sooner.
 
The Minns Government’s program is providing real cost of living support for people buying their first home, helping them deal with the single biggest cost of living pressure.
 
The First Home Buyers Assistance program was expanded on 1 July 2023, increasing the threshold for a stamp duty exemption from $650,000 to $800,000 and lifting the stamp duty concession threshold from $800,000 to $1M.
 
The expanded thresholds mean that more than 18,000 first home buyers received greater support than they would have under the previous government.
 
This increased support has helped first home buyers on the Central Coast reach their goal of home ownership sooner, while keeping more money in their pockets.
 
Member for The Entrance David Mehan said: “Owning a home is like a dream come true, which is becoming harder to achieve because of the cost of living and soaring housing prices. The First Home Buyers Assistance makes this dream come true, and the Minns Labor Government has helped this happen.”

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IT'S BEEN A STADIUM BONANZA Featured
Sporting events pour $10M to Coast economy
By SUN REPORTERS
FOUR huge sporting events at Gosford’s Industree Group Stadium in recent weeks have smashed attendance and visitation records, creating scores of new jobs and pumping a whopping $9.75 million into the Central Coast economy.

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Doyalson Wyee RSL Club. Featured
MOU outlines conditions of amalgamation
THE recent signing of a Memorandum of Understanding (MOU) marked nearly five months since both The Doyalson Wyee RSL Club t/a Doylo Lifestyle Group (DLG) and Northmead Bowling, Recreation & Sporting Club (NBC Sports) started dialogue about amalgamation.

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FUNDS FOR GOSFORD MEN'S SHED Featured
Community benefits from new equipment
A LARGE timber cutting bandsaw for ripping timber to size, and a half sheet metal cutting guillotine are two brand new additions at Gosford Men’s Shed that members can’t wait to get their hands on.

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MORE COAST GPs ARE BULK BILLING Featured
Record increase in Medicare rebates
MORE GPs are bulk billing patients in Robertson as a direct result of the tripling of the bulk billing incentive by the Federal Labor Government, with over two million additional bulk billed visits across the country since November 1, 2023.

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NEW PARTNERSHIP TO SUPPORT COAST Featured

Breaking down barriers for homeless
THE program helping to break down barriers to accessing government payments and services for people experiencing homelessness has expanded to include more locations across Australia.

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David Farmer. Featured
Administrator shares the rebuild vision
ELIZABETH FRIAS
FIXING councils that went off the rails is one of Rik Hart’s skills as a public servant.

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Alexander Watters (Wyong), Lachlan Hawkins (Wyong), Harrison Rigby (Berkeley Vale) and Zak Warren (Berkeley Vale) Featured
Time to prioritise health and wellbeing
MEN'S Health Week celebrated its 30th anniversary this year.

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Mark Buttigieg MLC- NSW Government Spokesperson for Terrigal, Paul Quick- former President of Terrigal Surf Life Saving Club and Life member, Beris Meldrum- Life member of Terrigal Surf Life Saving Club and Sam Boughton- local activist. Featured

Renovations can now proceed
THE NSW Government has provided Terrigal Surf Life Saving Club with an urgent grant extension to complete important renovation works.

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VIRAL SENSATION MUSICAL COMES TO COAST Featured
Ride The Cyclone at The Art House
THE Art House is excited to be hosting the international musical sensation Ride The Cyclone when it comes direct to Central Coast audiences from Hayes Theatre Co. in Sydney.

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The Central Coast Sun covers the business and community issues of the NSW Central Coast region. The Central Coast Sun is a prime media source for connecting with the pulse of the region and tapping into it's vast opportunities.