When the $25k HomeBuilder scheme kicks in

The State Government is days away from finalising the Homebuilder scheme, hailed as a saving grace for the industry.

The State Government is days away from finalising the Homebuilder scheme, hailed as a saving grace for the local construction industry.

THE State Government is days away from finalising the Homebuilder scheme, hailed as a saving grace for the struggling construction industry.

Sunshine Coast tradies had voiced concerns over the lack of legislation around the $25,000 scheme which was launched on June 4, almost one month ago.

They, and real estate agents, have reported a flurry of activity in both land sales and inquiries. All were reliant on the scheme to go ahead with their plans.

Master Builders Sunshine Coast regional manager Will Wilson said his office fielded questions over the scheme that he did not yet have answers for.

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A spokesman for Treasurer Cameron Dick said the State Government was closing in on rolling out the scheme.

“Like New South Wales, Queensland is working closely with the Federal Government to finalise implementation measures for the HomeBuilder scheme,” the spokesman said.

“We hope to resolve the outstanding issues in coming days.”

Earlier this month, a spokesman for Mr Dick had “expressed concerns about its design and implementation” of how the scheme would function.

It is understood those issues have been resolved.

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Mr Wilson said yesterday that he had hoped the scheme would be given the green light in coming days.

Federal Member for Fairfax Ted O’Brien assured all buyers would receive the grant.

Mr O’Brien provided a HomeBuilder guideline which is below:

WHEN CAN I ACCESS HOMEBUILDER?

HomeBuilder will be available for building contracts signed between June 4 and December 31, 2020, where construction or renovation commences within three months of the contract date.

HOW CAN I ACCESS HOMEBUILDER?

You should contact your relevant State or Territory authority on when and how to apply for HomeBuilder.

You will be able to apply for HomeBuilder when the Government of the State or Territory that you live in, or plan to live in, signs the National Partnership Agreement with the Commonwealth Government.

WHEN WILL I RECEIVE HOMEBUILDER?

HomeBuilder grants will be paid by the relevant State or Territory authority provided the applicant meets the eligibility criteria.

For answers to more frequently asked questions follow this link.

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