Will home builder grant be extended?

HomeBuilder was part of a series of Australian government initiatives aimed at supporting confidence in the residential construction sector and encouraging consumers to continue with purchases or renovations that may have been delayed due to uncertainty about the effects of the COVID-19 pandemic. HomeBuilder is managed by states and territories. The Commonwealth does not process HomeBuilder requests. Inquiries regarding your application should be directed to the Revenue Office of the relevant State or Territory.

For more information on HomeBuilder, see the ACT Revenue Office website. For more information on HomeBuilder, see the Revenue NSW website. For more information on HomeBuilder, see the Northern Territory Revenue Office website. For more information on HomeBuilder, see the Queensland Government website.

For more information on HomeBuilder, see the RevenueSA website. For more information on HomeBuilder, see the Tasmanian State Tax Office website. For more tips on extending the start of construction in Tasmania, see the extension of grants for home builders fact sheet. For more information on HomeBuilder, see the Victoria State Tax Office website.

For more information on eligibility and the application process, see the WA Government website. The eligibility of applications has not necessarily been evaluated. Application processes may differ between states and territories, limiting comparisons between states. Yes, the grant can be applied for in addition to the first homeowner grant in most states.

You'll need to check with your state or territory's tax office for details and eligibility. The federal government has extended the deadline to begin construction under the homebuilder grant program by an additional 12 months. Speaking after the government announcement, Masters Builders Australia CEO Denita Wawn said a survey by the industry body showed that 70 percent of builders have been affected by delays and cost increases for major trades and construction products. HomeBuilder supplements the First Home Owner (New Home) Grant Plan and the Revenue NSW First Home Buyer Assistance Plan.

Master Builders Australia CEO Denita Wawn said 70 percent of builders were struggling with delays or cost increases for labor and materials, and that they could now space out their construction pipeline. The Australian Property Council on Saturday welcomed the change in deadline, saying HomeBuilder had been an “economic target” and that the extension would ease pressure on homebuilders to start construction quickly.