HomeBuilder Construction Deadline Extended by 12 Months

HomeBuilder Construction Deadline Extended by 12 Months
A builder works on a house under construction amongst an established suburb August 2, 2006 in Sydney, Australia. Ian Waldie/Getty Images
Rebecca Zhu
Updated:

Existing applicants for HomeBuilder are being given an extra 12 months to commence construction as new home building has reached its highest levels in 21 years.

On April 17, Treasurer Josh Frydenberg and Housing Minister Michael Sukkar announced an extension of the construction commencement requirement for the HomeBuilder scheme from six to 18 months, meaning builders will have until Sept. 2022 to begin work.