13 June 2019
Tasmanians considering buying their first home will continue to be able to take advantage of the first home owners grant, with the Bill passing the Lower House today.
The grant provides $20,000 for eligible first home buyers who want to purchase a newly constructed home or build a new home of their own.
The extension of the grant is a key initiative of our budget, which is firmly focussed on maintaining the momentum in our economy and investing for growth. It will have positive flow-on effects for Tasmania’s booming building and construction industry, creating more work, and more jobs.
The Government understands there is a high demand for new housing stock across Tasmania, and this grant is one part of the Hodgman Liberal Government’s multi-pronged approach to address housing stress in Tasmania.
The first home owners grant, along with the many other initiatives supported by this Government, such as duty concessions, are helping to drive the supply of new houses, building activity and create jobs state-wide.