The Australian Government has announced HomeBuilder payment scheme, which supports Australian businesses impacted by the Coronavirus. Based on ATO last update on 18th June 2020, HomeBuilder is being implemented through a National Partnership Agreement. As of 2 July 2020, all States and Territories have signed up to the HomeBuilder National Partnership Agreement.
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 this year.
We have analyzed and summarized the latest policies in table format for easy reference. If you need any assistance, please feel free to reach out to our team for further consultation.
HomeBuilder Grant Link
Claire Chang