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The Tasmanian Parliament has passed the First Home Owner Grant Amendment Bill 2026, confirming a $20,000 grant for eligible first home buyers who contract to build a new home.
HIA is concerned about proposals to construct data centres on land earmarked for housing development.
"Treasury modelled the adverse impact of changes to taxation of Negative Gearing and CGT the Budget on housing supply. The Government should now provide the same level of analysis on the impact of restricting SMSF investment in residential housing,” stated HIA’s Chief Economist, Tim Reardon.
The recent annual minimum wage decision of the Fair Work Commission will increase modern award minimum wages by 4.75 per cent.