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{{propApi.successMessage}} {{region}} Change locationABC report highlights need for Tasmania to join Help to Buy
ABC report highlights need for Tasmania to join Help to Buy
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HIA Executive Director – Tasmania, Benjamin Price, said the story underscores why Tasmanians are being left behind compared to other Australians.
“The Tasmanian Government’s MyHome scheme is helping some buyers, but settlement delays and vendor reluctance mean too many Tasmanians are missing out. Meanwhile, the Commonwealth’s Help to Buy program is now live across the country, except in Tasmania.”
“Tasmanians deserve the same support provided in all other areas of the country,” Mr Price said.
Under Help to Buy, eligible home buyers can access up to 40% equity for new homes and 30% for existing homes, reducing the deposit hurdle and mortgage repayments. Every other state has signed on—except Tasmania.
“Tasmania is the only state not participating. This is a missed opportunity to improve housing options and give more Tasmanians a pathway into home ownership. We urge the Government to act now.”
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