The Federal Government will give eligible Australians $25,000 to build or substantially renovate their homes, in an effort to boost demand in the construction sector and keep builders employed.
- The scheme will give $25,000 grants to eligible homeowners, but recipients will need to spend at least $150,000 of their own money
- The Government hopes it will ease a predicted downturn in construction demand
- Labor and the Greens have called for the Government to invest more in social housing
Here’s the facts on HomeBuilder grant program : https://treasury.gov.au/sites/default/files/2020-06/Fact_sheet_HomeBuilder.pdf