Here's what the latest homeBuilder grant means for you

The grant

Prime Minister Scott Morrison has announced a funding grant worth $25,000 for those planning to build a new home. Applicants for HomeBuilder must meet the following criteria:


Are you eligible?


less than 125k

Singles must be earning 125k or less based on their 2018/19 tax income.

Above 18

You must be 18 or older and not a company or trust.

Up to 750k

You need to be building a new home with a value of less than 750k.

Until December 31

The cash boost will be offered for contracts entered into between June 4 and December 31, 2020.

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