{{ propApi.searchIcon }}
{{ propApi.closeIcon }}
Our industry
Our industry $vuetify.icons.faArrowRight
Housing industry insights Economics Insights Data & forecasts Tailored research & analysis Advocacy & policy Advocacy Policy priorities Position statements Submissions News & inspiration Industry news Member alerts Media releases HOUSING Online
Business support
Business support $vuetify.icons.faArrowRight
For your business Contracts Online Safety systems & solutions Advertise jobs HIA SafeScan Member perks Toyota vehicles The Good Guys Commercial Ampol fuel savings See all Industry insurance HIA Insurance Services Construction works insurance Home warranty insurance Tradies & tool insurance Apprentices Why host a HIA apprentice? Hire an apprentice Support & guidance Contracts & compliance support Building & planning services
Resources & advice
Resources & advice $vuetify.icons.faArrowRight
Building it right Building codes Australian standards Getting it right on site See all Building materials & products Concrete, bricks & walls Getting products approved Use the right products for the job See all Managing your business Dealing with contracts Handling disputes Managing your employees See all Managing your safety Safety rules Working with silica See all Building your business Growing your business Communication for your business See all Other subjects Getting approval to build Sustainable homes See all
Careers & learning
Careers & learning $vuetify.icons.faArrowRight
A rewarding career Become an apprentice Apprenticeships on offer How do I apply? Frequently asked questions Study with us Find a course to suit you Qualification courses Learning on demand Professional development courses A job in the industry Get your builder's licence Continuing Professional Development (CPD) Further your career Find jobs
HIA community
HIA community $vuetify.icons.faArrowRight
Join HIA Sign me up How do I become a member? What's in it for me? Mates rates Our podcasts Made To Build Built Different HIA Building Australia Building the Hunter Our initiatives HIA Building Women GreenSmart Kitchen, bathroom & design hub Get involved Become an award judge Join a committee Partner with us Support for you Charitable Foundation Mental health program Get to know us Our members Our people
Awards & events
Awards & events $vuetify.icons.faArrowRight
Awards Awards program People & Business Awards GreenSmart Australian Housing Awards Awards winners Regional Award winners Australian Housing Award winners 2025 Australian Home of the Year Enter online Industry events Events in the next month Economic outlook National Conference Events calendar
HIA shop
HIA shop $vuetify.icons.faArrowRight
Most popular products National Construction Code Vol 1 & 2 Waterproofing wet areas AS 3740:2021 HIA Guide to Waterproofing HIA Guide to NCC Livable Housing Provisions Top categories Building codes & standards Contracts & documents Guides & manuals Safety products Signage For your business Contracts Online Digital Australian Standards Digital Resource Library Forecasts & data
About Contact Newsroom
$vuetify.icons.faTimes
$vuetify.icons.faMapMarker Set my location Use the field below to update your location
Address
Change location
{{propApi.title}}
{{propApi.text}} {{region}} Change location
{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location

$vuetify.icons.faPhone1300 650 620

Home Guarantee Scheme expansion a boost for housing

Media release

Home Guarantee Scheme expansion a boost for housing

Media release
“The release of 50,000 new places under the Federal Government’s Home Guarantee Scheme is an important boost for aspirational home buyers in Australia,” said Simon Croft, HIA Chief Executive, Industry & Policy.

“50,000 new places are now available for the 2024-25 financial year across three Scheme Guarantees including:

  • 35,000 places for the First Home Guarantee (FHBG);
  • 10,000 places for the Regional First Home Buyer Guarantee (RFHBG); and
  • 5,000 places for the Family Home Guarantee (FHG).

“Under the First Home Guarantee, an eligible first home buyer can purchase a property with a deposit of as little as five per cent, while through the Family Home Guarantee a single parent with dependents can purchase a home with a deposit of as little as two per cent.

“The Guarantees offer help to those Australians looking to buy their first home, recognising that saving for a deposit is the largest obstacle to achieving home ownership.

“With the current cost pressures on households, a first home buyer is facing years to save a deposit and in that time they risk being priced out of the market.

“Since its inception, HIA has been strongly supportive of the Home Guarantee Scheme and it’s administration by Housing Australia. To date the scheme has helped more than 160,000 Australians get into a home of their own.

”Recent analysis of the Scheme from the 2022-23 financial year, found that around 10,860, or more than one third of all guarantees were issued to buyers in regional areas up from around 7,390 in 2021-22.

“It also showed an increasing proportion of younger buyers participated in the Scheme each year since its inception. More than half of all places under the Scheme, in 2022-23, were taken up by people under the age of 30.

“HIA has always maintained that owning your own home is the best form of financial and personal security a person can have. The Home Guarantee Scheme goes a long way to helping that dream become a reality and HIA looks forward to its continued success,” concluded Mr Croft.

For more information please contact:

Simon Croft

Chief Executive - Industry & Policy

Joe Shanahan

Manager, Communications & Media
Latest articles
View all news $vuetify.icons.faArrowRight
03 Nov
Building Approvals in the ACT Continue to Languish

The latest ABS data released today shows that home building approvals in the ACT remain underwhelming, which reaffirms that relief from affordability pressures is still a long way off.

03 Nov
Tasmanian Building Approvals Surge to Two-Year High

Tasmania’s building and construction sector is showing strong signs of growth, with the latest Australian Bureau of Statistics (ABS) data revealing building approvals have reached their highest level in two years.

03 Nov
Building approvals rise 12 per cent in September

“The decline in the cash rate and ongoing population growth is finally flowing through to a rise in building approvals,” stated HIA Senior Economist Tom Devitt.

03 Nov
2025 HIA NSW Housing and Kitchen & Bathroom Awards Winners Announced

The HIA NSW Housing and Kitchen & Bathroom Awards showcase the achievements of HIA member builders and building professionals in the NSW housing industry.