RESIDENTIAL PROPERTY
THE Albanese government has extended the deadline for the HomeBuilder scheme due to the challenges in the supply chain and construction delays.
The government will move the deadline of 30 April 2023 to 30 June 2025 for submission of supporting documentation for applicants impacted by delays.
The move has been welcomed by the industry, Property Council chief executive Mike Zorbas said it is the right thing to do.
“The Australian Government is doing the right thing for those HomeBuilder recipients affected by weather and supply constraints around the country,” Zorbas said.
“The new home aspect of HomeBuilder was a remarkably successful job saver and confidence booster during and after the most severe health related lockdowns in more than a...
Master Builders Australia CEO Denita Wawn said weather disruptions, supply chain issues, labour and material shortages have seen the average time it...
“The extension allows builders to ensure there’s adequate time to deliver on projects during a time that has seen a perfect storm of pressures in the industry.
“We thank Minister Julie Collins for listening to the concerns of builders and the community so Australians are not missing out on the opportunity to have their...
“HomeBuilder effectively saved businesses and jobs during the height of the pandemic and was an appropriate support measure.
“Families rightfully seized the opportunity to enter the home ownership market and it’s only fair that these projects can be followed through to completion,” said Ms Wawn.