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{{propApi.successMessage}} {{region}} Change locationVictorian home buyers dreams a step closer
Victorian home buyers dreams a step closer
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“The Victorian Government’s Homebuyer Fund, announced today, is set to see more than 3,000 Victorians achieve their goal of home ownership,” stated HIA’s Victorian Executive Director, Fiona Nield.
The Victorian Homebuyer Fund will assist eligible participants with a 5 per cent deposit step onto the home ownership ladder. The program is a shared equity program whereby the Government supports up to 25 per cent of the purchase price, in exchange for an equivalent share in the property.
“This assists home buyers address the most significant barrier to getting into home ownership, which is saving a deposit.
“We know that over 90 percent of renters aspire to home ownership but less than half believe they will achieve this goal.
“This new approach expands on a recent pilot program and will mean that thousands of Victorians are supported by the Government to achieve their goal of home ownership sooner.
“In combination with other first home buyer support available to Victorians, such as the First Home Owners Grant and other initiatives, this Fund should provide incentives for eligible home buyers to take this next step.
“It is also pleasing to see that this shared equity arrangement will not be limited to first home owners. There are many households that aspire to re-own a home after previously owning one. Until recently there was no support for this equally important group of home buyers and to have a second option become available for these Victorians is extremely welcome,” concluded Ms Nield.
For further information
Senate Inquiry EPBC Reform Implementation
Opening statement by HIA Chief Executive Industry & Policy, Simon Croft
HIA calls for bold housing reforms in 2026–27 ACT Budget
The Housing Industry Association (HIA) has called on the ACT Government to use the 2026/27 Budget to reset the Territory’s approach to housing supply, land release and business competitiveness, warning that current policy settings are constraining new home building and worsening affordability and forcing more home owners and businesses to look over the border to NSW to call home.
2026-27 Budget Submission to the ACT Treasury
HIA provided the 2026-27 Budget submission with key objectives and recommendations to the ACT Treasury.
HIA warns against tax changes at Senate hearing
HIA appeared this week before the Senate Select Committee on the Operation of the Capital Gains Tax (CGT) Discount and delivered the simple message - you don’t fix a housing shortage by taxing housing harder.