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First home owner grants
HIA's Position statement
- HIA supports state governments retaining the First Home Owner Grant (FHOG) for new home construction only.
Background
- First Home Owners Grants (FHOG) were originally implemented as compensation for introduction of the GST, which was applied to new homes but did not apply to existing homes at the point of sale.
- Despite this, over time they were applied across both new and existing residential property.
- The application of a FHOGs to the purchase of new homes only has been shown over time to provide an effective stimulus to the broader economy.
- There are major efficiency gains to be realised from targeting housing policies (including measures directed at first home buyers) that increase the supply of new homes.
- Housing policies targeted at the construction of new homes, in all forms, can effectively increase the overall housing stock for all households.
- Residential building activity exerts a positive multiplier impact through the wider economy.
- The approach by states and territories to focus FHOGs on new home building recognises this benefit.
Policy endorsed by HIA National Policy Congress :May 2002; Re-endorsed with amendments 2013; Re-endorsed 2018.
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Economic Reform Roundtable NMC submission: Supporting Australian Made
For the Economic Reform Roundtable, on behalf of the National Manufacturers’ Council (NMC), HIA is calling on the Treasurer and all levels of government to recognise the critical importance of this key sector.
Review into Design and Building Practitioners and Residential Apartment Buildings Act 2020
HIA submission to the Review into the Design and Building Practitioners Act 2020 and the Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020.
Economic Reform Roundtable
HIA submitted the Economic Reform Roundtable submission to Treasury with the reference to remove the roadblocks and let builders lay the foundations to house all Australians.
NSW Heritage Strategy Submission: Aligning Heritage and Housing for Sustainable Growth
HIA supports the NSW Government’s draft Heritage Strategy, advocating for better alignment between heritage and planning systems to support new housing development and sustainable growth across the state.
Workers Compensation Legislation Amendment Bill 2025 Inquiry
HIA provided a submission on the Workers Compensation Legislation Amendment Bill 2025 Inquiry, referred to the Public Accountability and Work Committee.
NSW Net Zero Consultation
HIA provided a submission to the NSW Net Zero Commission.