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.