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{{propApi.successMessage}} {{region}} Change locationFirst Home Owner Grant Bill passes Parliament
First Home Owner Grant Bill passes Parliament
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“HIA has strongly advocated for this reform, briefing Honourable Members in recent weeks on the urgency of addressing Tasmania’s housing shortage and the need for targeted measures to stimulate new construction,” HIA Executive Director, Benjamin Price said.
The Bill will triple the First Home Owner Grant to $30,000, giving Tasmanians greater support to build their first home and helping address the state’s housing shortages.
“The reform was critical to tackling housing pressures and supporting the construction industry.
“Tripling the First Home Owner Grant will help more people overcome the financial hurdles to building their first home, while driving new construction and creating jobs,” Mr Price said.
“This reform sends a strong message to builders, trades and homeowners that Tasmania is serious about tackling housing supply. It gives our industry the certainty to invest, employ and deliver the homes our communities need.
“We’ve been clear that Tasmania needs strong action to address housing pressures. This Bill delivers exactly that - support for buyers and confidence for our builders.
“Tasmania needs more homes, and this policy gives our industry the confidence and capacity to deliver them. With the Bill now passed, Tasmanians have a better opportunity to build locally, strengthening communities and boosting our economy.
“HIA welcomes the passage of this important Bill. It’s a clear signal that Tasmania is committed to building opportunity and supporting the delivery of more homes for our communities,” Mr Price concluded.
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