Tas offers first home builders $30,000

Written By Unknown on Rabu, 06 November 2013 | 23.51

Tasmania has announced the country's most generous first home builder grant of $30,000. Source: AAP

TASMANIA has announced the country's most generous first home builder grant, doubling its offering to $30,000.

Premier Lara Giddings says the First Home Builder Boost could result in people priced out of housing markets in Sydney and Melbourne heading to the struggling island state.

"This assistance is now the most generous in the country and will act as a significant incentive for interstate migration which, in itself, is an important economic driver," Ms Giddings said in a statement.

The state government previously doubled the grant to $15,000 last year.

The premier said the grant, which will be available for 12 months, was part of her response to a jobs forum convened to address the state's nation-high 8.2 per cent unemployment rate.

The Northern Territory offers $25,000 and other state governments $10,000-15,000, including $7000 from a federal scheme.

The Housing Industry Association has welcomed the Tasmanian boost.

"If you're going to do something, I think you need to do something that's bold and brazen and has a bit of courage to it and I think this is it," spokesman Stuart Clues told the ABC.

"If this doesn't get people excited, you might as well give the game away."


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