Michael Ferguson,Minister for Finance
The Tasmanian Government has updated guidelines for the State and Federal HomeBuilder grants that will better streamline the process and ensure grants can be paid sooner.
The Tasmanian Liberal Government's $20,000 grant and the Morrison Government's $25,000 grant mean Tasmanians can potentially access up to $45,000 for their new home build, making Tasmania the best place in Australia to build a house right now.
The new guidelines will align better with the existing First Home Owner Grant process, reducing complexity and making it simpler for financial institutions.
The program will stimulate residential building activity and maintain employment in the construction industry, supporting jobs and our economy in our recovery from the COVID-19 pandemic.
The updated guidelines and application can be found at www.sro.tas.gov.au/about-us/covid-19
