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HIA Executive Director for Tasmania, Benjamin Price, said the legislation provides certainty for first home buyers and the residential building sector, reinforcing the importance of new housing supply in addressing affordability challenges.
“This is a positive and practical step that will help more Tasmanians achieve the dream of home ownership.
“By locking in the $20,000 First Home Owner Grant for those who build new homes, the Tasmanian Parliament has provided certainty for both aspiring homeowners and the building industry.”
Mr Price said the grant would play an important role in supporting housing activity across the state, particularly at a time when cost pressures remain a barrier for first home buyers.
“Building a new home is often the most effective pathway into home ownership, and this measure directly supports new housing supply at a time when Tasmania needs it most.
“Importantly, policies like this not only assist first home buyers, but also support local jobs, apprenticeships and small businesses throughout the building supply chain.”
Mr Price said certainty in policy settings is critical to maintaining confidence across the residential construction sector.
“Consistency and certainty in housing policy are key to ensuring the industry can continue to deliver the homes Tasmanians need,” he said.
“HIA looks forward to continuing to work with the Tasmanian Government on further measures to improve housing supply and accessibility across the state.”
The First Home Owner Grant Amendment Bill 2026 provides a $20,000 grant for Tasmanians who contract to build their first home, following the temporary elevation of the First Home Owner Grant of $30,000 which is set to expire on 30 June 2026.
The Housing Industry Association (HIA) has welcomed the passage of the First Home Owner Grant Amendment Bill 2026 through the Tasmanian Parliament today, locking in a $20,000 grant for eligible first home buyers who build a new home.
“The NSW Government has taken an important step toward improving housing supply. Other states should now follow its lead and remove foreign investor taxes that discourage the construction of new homes,” said HIA Chief Economist Tim Reardon.
The New South Wales Government's decision in the 2026-27 Budget to remove the 9 per cent foreign purchaser duty surcharge for eligible build-to-rent and retirement living developments deserves far greater attention than it has received.
HIA provided a response to the Review of Western Australia’s Home Building Contract Laws Discussion Paper. The Discussion Paper includes various recommendations to amend the Home Building Contracts Act 1991 (WA) and the Building Services (Complaint Resolution and Administration) Act 2011 (WA), in addition to supporting statutory systems.