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“The ‘MyHome’ program assists people to help build or buy their own home, with as little as two per cent deposit.
“HIA is pleased to see the expansion of the scheme which was called for in our pre-budget submission this year, including that the household income limit in the program being increased by 25 per cent to $116,933 for a single and $134,475 for a couple.
“HIA has in the past supported similar shared equity schemes, Western Australia’s ‘Keystart’ program is one good example proven to be highly effective in helping more Australians into home ownership sooner.
“While the opportunity to own a home can be challenging, and the type of homes many families aspire to are changing shape, previous research conducted shows an overwhelming majority of Australians agree that home ownership matters.
“Programs such as ‘MyHome’ and other forms of housing incentive schemes, are critical to boost housing supply.
“This program is not a silver bullet to the myriad of problems but it does go some way to help ease the problems new homebuyers encounter, in terms of securing finance to buy a home.
“HIA research shows there is still a steadfast desire for people to buy their own home, however, the surveys also show many think it is an unachievable dream.
“HIA continues to promote and support measures to assist more Tasmanians into housing and increasing supply across the state,” concluded Mr Collins.
The Housing Industry Association (HIA) today welcomed the Tasmanian Government’s announcement that Mr Ben Wilson has been appointed interim Chief Executive Officer of Homes Tasmania, stepping down from his role as Chair of the Homes Tasmania Board.
“Today is a bad day for business in NSW with the passage of the Digital Work Systems Bill,” said Brad Armitage, HIA NSW Executive Director.
The South Australian Government recently introduced changes to the laws that deal with licensing of builders and trades, as well as domestic building contracts. These changes commenced on 15 January 2026.
“There were 31,780 loans issued to first home buyers in the final quarter of 2025, up by 6.8 per cent on the previous quarter, and the strongest performance in almost four years,” stated HIA Senior Economist Tom Devitt.