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HIA News ·

$20,000 first home owner grant welcomed by industry

The Tasmanian Government has set the First Home Owner Grant for new homes at $20,000. The HIA has welcomed the move, saying it provides meaningful support to first home buyers.

$20,000 First Home Owner Grant for new homes set by Tasmanian Government

What is Tasmania's new first home owner grant for new homes?

A higher first home grant in Tasmania could lift demand for new residential builds, benefiting local tradies.

Key takeaways

  • Tasmania has set the First Home Owner Grant for new homes at $20,000.
  • The Housing Industry Association has welcomed the commitment from the Tasmanian Government.
  • HIA says the measure will provide meaningful support to first home buyers.
  • The grant applies specifically to new homes in Tasmania.
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