{{ propApi.closeIcon }}
Our industry
Our industry $vuetify.icons.faArrowRight
Housing industry insights Economics Insights Data & forecasts Tailored research & analysis Advocacy & policy Advocacy Policy priorities Position statements Submissions News & inspiration Industry news Member alerts Media releases HOUSING Online Business support
Business support $vuetify.icons.faArrowRight
For your business Contracts Online Safety systems & solutions HIA Tradepass Advertise jobs Member perks Toyota vehicles The Good Guys Commercial Ampol fuel savings See all Industry insurance HIA Insurance Services Construction works insurance Home warranty insurance Tradies & tool insurance Apprentices Why host a HIA apprentice? Hire an apprentice Support & guidance Contracts & compliance support Building & planning services Resources & advice
Resources & advice $vuetify.icons.faArrowRight
Building it right Building codes Australian standards Getting it right on site See all Building materials & products Concrete, bricks & walls Getting products approved Use the right products for the job See all Managing your business Dealing with contracts Handling disputes Managing your employees See all Managing your safety Safety rules Working with silica See all Building your business Growing your business Maintaining your business See all Other subjects Getting approval to build Sustainable homes See all Careers & learning
Careers & learning $vuetify.icons.faArrowRight
A rewarding career Become an apprentice Apprenticeships on offer How do I apply? Frequently asked questions Study with us Find a course to suit you Qualification courses Learning on demand Professional development courses A job in the industry Get your builder's licence Continuing Professional Development (CPD) Further your career Find jobs HIA community
HIA community $vuetify.icons.faArrowRight
Join HIA Sign me up How do I become a member? What's in it for me? Mates rates Our podcasts Made To Build Built Different HIA Building Australia Building the Hunter Our initiatives HIA Building Women GreenSmart Kitchen, bathroom & design hub Get involved Become an award judge Join a committee Partner with us Support for you Charitable Foundation Mental health program Get to know us Our members Our people Our partners Awards & events
Awards & events $vuetify.icons.faArrowRight
Awards Awards program People & Business Awards GreenSmart Australian Housing Awards Awards winners Regional Award winners Australian Housing Award winners 2024 Australian Home of the Year Enter online Industry events Events in the next month Economic outlook National Conference Events calendar HIA shop
HIA shop $vuetify.icons.faArrowRight
Most popular products National Construction Code Vol 1 & 2 Waterproofing wet areas AS 3740:2021 HIA Guide to Waterproofing HIA Guide to NCC Livable Housing Provisions Top categories Building codes & standards Contracts & documents Guides & manuals Safety products Signage For your business Contracts Online Digital Australian Standards Digital Resource Library Forecasts & data About Contact Newsroom
$vuetify.icons.faTimes
$vuetify.icons.faMapMarker Set my location Use the field below to update your location
Address
Change location
{{propApi.title}}
{{propApi.text}} {{region}} Change location
{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location

$vuetify.icons.faPhone1300 650 620

GST rebate for new home and renovations

This policy outlines HIA's support for a new home buyer and renovation GST rebate scheme to reduce the impact of the introduction of a goods and services tax on housing.
Tuesday, 01st May 2018

HIA's Position statement

HIA supports a new home buyer and renovation GST rebate scheme.

Background

  • To support new home buyers and stimulate building activity, one option is a partial rebate of GST on residential building and land development.
  • This could operate as an alternative to existing FHOG schemes.
  • The rebate could be available to both owner-occupiers and rental investors purchasing a new dwelling. As owner builders obtain a significant GST concession, the rebate should be available to householders who contract in writing with registered ABN builders and businesses. Linking the GST rebate to ABN businesses would create an audit trail between the GST and income tax and discourage the proliferation of the informal economy as occurred in New Zealand and Canada after the introduction of GST.
  • Assistance can be devised for householders undertaking renovation work. One possibility would be to rebate part of the GST where householders have renovation contracts in excess of $5,000 on which a housing indemnity cover is typically required under State consumer warranty legislation.
  • Tying the eligibility for a GST rebate to evidence of a housing indemnity cover is supported by the industry because it would tilt the scales against the informal economy.

    •  

    Policy endorsed by HIA National Policy Congress: October 1998; Re-endorsed with amendments May 2013; Re-endorsed May 2018.
    Share with your network:
    More articles on:
    {{ tag.label }} {{ tag.label }} $vuetify.icons.faTimes
    Find the latest expert advice, guides and much more!
    Search
    HIA Advocacy
    View all $vuetify.icons.faArrowRight
    23 Apr
    Review of Occupational Licensing (CPD) Determination 2018 (Tas)

    HIA responded to the Consumer, Building and Occupational Services request for stakeholder feedback on the Occupational Licensing (CPD) Determination 2018.
    10 Apr
    HIA 2025-26 Pre-Budget Submission

    The Victorian Housing Industry Association (HIA) takes this opportunity to make a submission ahead of the 2025-26 State Budget.
    09 Apr
    Inquiry into the supply of homes in regional Victoria

    The Housing Industry Association (HIA) is Australia’s only national industry association representing the interests of the residential building industry, including new home builders, renovators, trade contractors, land developers, related building professionals, and suppliers and manufacturers of building products.
    09 Apr
    Noise induced hearing loss strategic review consultation brief (SA)

    HIA provided feedback on the ReturntoWorkSA Noise Induced Hearing Loss – Strategic Review Consultation Brief, dated February 2025 (Consultation Brief).
    07 Apr
    Annual Wage Review 2024-25

    HIA provided a submission to the Fair Work Commission on the Annual Wage Review 2024-25.
    31 Mar
    Consultation on the ban of engineered stone

    HIA took the opportunity to provide a submission to Safe Work Australia in response to the consultation on the review of the ban of engineered stone in Australia implemented by the Model WHS Amendment (Engineered Stone) Regulation 2024.