The Federal Government’s Homebuilder stimulus, which was announced a couple of weeks ago, is designed to compliment the first homeowner grants and schemes already available in each state and territory. So we did some investigating for you to look at what different schemes are exactly available in each state and territory.
All states and territories have a First-Home Owner Grant, however they all vary when it comes to what that grant entails. In addition to the first-home owner grants, most regions have stamp duty exemptions.
During the pandemic, more schemes and incentives were introduced as well to boost the economy. FTMA has outlined them in the Fact Sheet below.