Prime Minister Scott Morrison has announced the government’s “HomeBuilder” program aimed to stimulate the building and construction industry by providing grants to families and individuals that want to build a new home or renovate an old one to help the country bounce back from the economic impact of the CCP virus pandemic.
From June 4 until 31 December 2020, “HomeBuilder” will provide $25,000 to eligible families or individuals buying a new house or substantially renovating an old one. Because it is a stimulus measure construction would need to commence within three months of the contract date.
