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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.

For further information, please follow the below link to the treasury website, where the government’s current HomeBuilder fact sheet and FAQs documents are also available:

https://treasury.gov.au/coronavirus/homebuilder

WMS Finance Broking home loan specialist Lindsay Warner is also available to assist you in accessing the most competitive rates and terms. Contact Lindsay on (07) 5556 3333 or lwarner@wmssolutions.com.au