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{{propApi.successMessage}} {{region}} Change locationMyHome expansion a win for Tasmanian home ownership
MyHome expansion a win for Tasmanian home ownership
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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.
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Funding to fast-track trades qualification can help get more homes built quicker
“Today’s announcement from the Labor Government of $78 million in funding to fast track the qualification of up 6,000 tradies is an important initiative which will help get more homes built quicker,” said HIA Managing Director, Jocelyn Martin.
Can the Feds lower housing costs faster than states can increase them?
“As Prime Minister, how would you stop state governments from continuing to increase the taxes on new home building and adding additional red tape?”, asked HIA’s Managing Director, Jocelyn Martin.
Changes to experience requirements for commercial builders
Interested in obtaining your commercial building licence? You may benefit from recent changes to the experience requirements.
Easter & ANZAC long weekends | Site security and shutdown tips
As we head into the Easter and ANZAC long weekends, the team at HIA wishes you a safe, relaxing, and well-deserved break with your loved ones.