Great news for first home buyers!
As of yesterday the income and house price caps have been increased. To get this "free" money (up to $10,000 per person) there are a few key pieces of criteria you need to meet. The changes announced yesterday allow you to now earn up to $85,000 as a single applicant or $130,000 as a couple. The house price cap in ChCh has increased to allow you to pay up to $500,000 for an existing home or $550,000 for a new home. Full criteria can be found here