Morrison government to offer $25,000 grants to help build and renovate homes

Posted by on June 3, 2020 8:30 am
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Categories: Global Stories

The homebuilder scheme will run between June and December and aims to create a pipeline of construction work

The Morrison government will fund grants worth $25,000 for eligible singles and couples planning to build or renovate homes between June and the end of December, with the uncapped program estimated to cost taxpayers $688m.

With the March quarter national accounts indicating that Australia has entered the first recession in nearly three decades, the new tranche of economic stimulus designed to create a pipeline of work for the construction sector will be unveiled by the Coalition on Thursday.

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