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{{propApi.successMessage}} {{region}} Change locationFirst Home Owners can once again dream big of building a home in Tasmania
First Home Owners can once again dream big of building a home in Tasmania
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HIA Executive Director Tasmania, Stuart Collins said, “this announcement mirrors one of the key items on HIA’s wish list, by tripling the current First Home Owners Grant (FHG) and restoring it to previous levels.
“First homebuyers historically make up about 30 per cent of the market but recently these numbers have dropped alarmingly due to a number of market challenges, although clearly not helped by the lowering of the grant.
“With $30,000 available this will enable more first homebuyers to reduce upfront debt and secure home loans.
“This is significant as first homebuyers are a critical segment of the market in terms of the housing continuum. Encouraging more first homebuyers to build homes takes pressure off social housing and rental lists, increases housing supply and provides trade-ups for new builds in the future.
“Stimulating new construction across the state, also has a positive effect in supporting jobs and boosting the broader economy.
“In addition, HIA welcomes the increase in the value cap for new home construction under MyHome to $800,000, with the FHG able to be used in conjunction with this program.
“HIA urges other parties and candidates to match this commitment.
“However, we also need an incoming government to find a way to fast track ‘shovel ready’ land and simplify planning approvals, otherwise housing stimulus will be wasted,” concluded Mr Collins.
For more information please contact:
Stuart Collins
Senior Executive Director Compliance and Workplace Relations
Update on recent HIA advocacy activities
Over the past few weeks HIA has been advocating strongly on behalf of members on a range of policy and regulatory issues that have significant implications for housing supply, business confidence and the capacity of our industry to deliver the homes Australia needs.
Tasmanian builders shouldn't be shut out of housing work over union membership
The Housing Industry Association (HIA) has today written to the Tasmanian Government calling for a commitment that state-funded and state-partnered housing work will continue to be awarded on merit, not industrial arrangements, warning new federal procurement rules could shrink the pool of builders able to deliver the homes Tasmania needs.
Rushing Working from Home laws will only lead to more bungling
The Victorian Government continues to push ahead with its Working from Home laws despite the Housing Industry Association’s (HIA) call for it to abandon its proposed legislation, warning the changes would impose additional regulatory pressure on businesses already struggling and kill productivity.
Hobart named Australia's most restrictive city for planning
Hobart has been identified as the most restrictive capital city in Australia for planning, according to the Australian Zoning Atlas, which found 97 per cent of the city's residential land is subject to restrictions that limit new housing.