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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.
“Tasmania recorded a modest improvement in detached home building at the end of 2025, as Australia’s housing construction sector showed clearer signs of recovery,” stated HIA Executive Director – Tasmania, Benjamin Price.
“There were over 10,000 multi-unit starts in New South Wales in the December quarter 2025, the highest since late 2018,” stated HIA Executive Director NSW Brad Armitage.
“Australia commenced construction on 282,500 new homes in the first 18 months of the government’s goal of building 1.2 million new homes over five years. This is 77,500 homes behind schedule,” stated HIA Senior Economist, Tom Devitt.
“The Housing Industry Association welcomes today’s announcement by the Planning Minister for a statewide Community Participation Plan,” declared Brad Armitage, Executive Director NSW.