Australian Property Investor
Prospective homebuyers in Western Australia have been given an extra three months to access the federal government’s $25,000 HomeBuilder grants, as sales of new houses continue to surge in the state.
Premier Mark McGowan announced the extension this week, using the WA state government’s discretionary authority to give homebuyers six months from signing a contract to start work, instead of three.
The extension moves the expiry date of the program to the end of June rather than the end of March, with building activity in WA rising to a level not seen in more than 11 years.
To read the story in full, including comments from UDIA WA CEO Tanya Steinbeck, click here.