Australian Property Investor

Western Australia has extended its $20,000 Building Boost for new home builds, at the same time that new research has been released saying that more targeted stimulus is needed if the housing construction sector is to lead Australia’s post-COVID recovery.

WA Treasurer Ben Wyatt this week announced a six-month extension to the program, which has been hailed as a major catalyst for a strong surge of activity in the state’s homebuilding sector.

The grants are available to WA residents or interstate migrants who sign a contract by December 31 to build a new house or buy a property in a townhouse development that is under construction.

To read the full article, including comments from UDIA WA CEO Tanya Steinbeck, click here.