Economic Response to the Coronavirus

HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home.

HomeBuilder will assist the residential construction market by encouraging the commencement of new home builds and renovations.

You will be able to apply for HomeBuilder when the relevant State or Territory Government that you live in, or plan to live in, signs the National Partnership Agreement with the Commonwealth Government.

Information on when and how you will be able to apply will become available through the relevant State or Territory revenue office in due course.

Information about what Homebuilder will mean for the construction industry is available on business.gov.au.

Visit the Treasury website for free HomeBuilder factsheets or call the team at Omnis Group Business Accounting Specialists in Perth on 08 9380 3555.
Source: HomeBuilder | Treasury.gov.au. (2020). Retrieved from https://treasury.gov.au/coronavirus/homebuilder