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{{propApi.successMessage}} {{region}} Change location$20,000 first home owner grant welcomed by industry
$20,000 first home owner grant welcomed by industry
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HIA Executive Director Tasmania, Benjamin Price said the commitment, to be delivered through the 2026–27 State Budget, is an important step in supporting the ongoing delivery of new housing in Tasmania.
“The announcement ensures support for new home building remains strong beyond the end of June.
“The temporary $30,000 grant has helped many Tasmanians bring forward decisions to build, and that support has mattered during a tough period for affordability,” Mr Price said.
“What’s important now is certainty, and setting the grant at $20,000, rather than allowing it to fall back to $10,000, gives first home buyers confidence to keep moving ahead.”
Mr Price said it is critical that policy settings continue to encourage new housing supply, not just transactions of existing homes.
“Policy settings must favour new housing supply over existing homes if we are serious about tackling our housing challenges in Tasmania.
“Incentivising new builds increases supply, supports jobs and delivers long term benefits for the housing market, and that’s why measures like this matter.”
Mr Price said maintaining a higher ongoing grant for new builds would continue to support housing supply while backing local jobs.
“This is real support for people who want to build their first home, and it directly translates into work for Tasmanian builders, trades and suppliers.
“Every new home built adds to supply, supports local jobs and helps take pressure off the housing market.”
Mr Price said HIA has consistently called for policies that provide stability and a clear pipeline of work for the residential construction sector.
“If we want more homes built, we need settings that give buyers and builders the confidence to commit,” he said.
“A continued increase to the First Home Owners Grant is a practical step in the right direction.”
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