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{{propApi.successMessage}} {{region}} Change locationHIA calls for Tasmania to join Help to Buy
HIA calls for Tasmania to join Help to Buy
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Benjamin Price, HIA Executive Director Tasmania said: “It’s unacceptable that every other part of the country is progressing while Tasmania sits on the sidelines. With no parliamentary sitting until March, this inaction means we won’t even formally consider the scheme until next year – a lost opportunity to help more Tasmanians now.”
Help to Buy provides eligible buyers with up to 40 per cent equity on new homes and 30 per cent on existing properties, slashing deposit barriers and monthly repayments. The scheme is expected to assist around 10,000 households annually across Australia.
Importantly, it also opens access to alternate lenders and greater competition, which could mean better deals for Tasmanian home buyers.
“This isn’t just about deposit relief—it’s about long-term affordability and giving Tasmanians real choice. Help to Buy opens the door to more lenders and greater competition, which could mean better deals for home buyers,” said Mr Price.
“The Tasmanian Government’s MyHome program provides welcome support, but Tasmanians deserve a Government willing to pull every lever to make home ownership achievable. Help to Buy would complement MyHome, not replace it, yet Tasmania is being left behind while the rest of the nation moves forward.
“Tasmanians shouldn’t pay the price for political delay.
“With the parliamentary year now closed and no sitting until March, this delay means months of missed opportunity for Tasmanians ready to buy. It raises a fair question: is hesitation about Help to Buy linked to concerns that homes delivered under the scheme wouldn’t count toward Homes Tasmania’s housing targets?
“Whatever the reason, Tasmanians deserve clarity and action,” said Mr Price.
For more information please contact:
Help to Buy on the way for Tasmanians
The Housing Industry Association (HIA) has welcomed the Tasmanian Government’s decision to join the Federal Help to Buy Scheme, describing it as a sensible and long overdue step that will help more Tasmanians into home ownership while supporting new housing supply.
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