A $20,000 grant for Tasmanian first home builders will be extended for another six months
Treasurer Peter Gutwein made the commitment, saying those building their first homes would be eligible for the $20,000 First Home Builder Boost until the end of the year.
The boost will be reduced to $10,000 from 2016 instead of July as previously planned.
The changes will provide a smoother transition for both first home builders and the building sector, Mr Gutwein said.
“The boost is helping Tasmanians achieve their dream of owning their own home and it is supporting the construction sector as it recovers from the downturn and creates new jobs across the state,” he said.
Mr Gutwein said the boost had helped lift building approvals for new homes from 1985 in the year to March 2014 to 2633 in the year to March 2015.