2020 will forever go down in history as the year an unprecedented health pandemic unexpectedly erupted, rapidly took over the world and brought about a whole new crisis, financial in nature.
With the closure of cafes, bars, and other client facing industries, Perth businesses promptly changed gears to continue to service clients remotely. Pace of life has shifted and the small things such as taking a walk through your neighbourhood with your family, or baking banana bread have become enjoyable daily activities.
Fortunate to live in Australia, our State and Federal Government were swift to drop the politics to come together and provide support to families, individuals and businesses with world-leading programs such as Jobseeker and Jobkeeper.
United, the State and Federal Governments are dedicated to stimulate the economy, and construction which employs around 10% of the nation’s population is a major component of that.
Federal Government ‘HomeBuilder’ Grant
Complete details and eligibility criteria on the just announced ‘HomeBuilder’ scheme are still being released however these are the key points as we know them now, as per the Australian Government Fact Sheet.
- $25,000 Grants will be available to eligible homeowners
- Aged 18 or over, and an Australian citizen
- You meet the financial caps
- You build a new home as a principal place of residence
- Homebuilder to enter into a building contract between 4 June 2020 and 31 December 2020
A bridge to recovery
From COVID-19 translating to predicted decreases of approximately 60,000 new home builds nationally, HomeBuilder will provide great assistance. Jim Ilias, General Manager Residential Building WA says “The stimulus is welcomed by the construction industry and homebuyers alike. The package will encourage people, who had perhaps been holding off due to the uncertain economy, to start their homebuilding journey now.”
With this new Federal incentive, now is a great time to start your new home building journey. Prior to the Government announcement, client interest has been increasing rapidly week on week as confidence returns in Western Australia. By starting your new home project now you are able to take advantage of the new Grant, record-low interest rates while also supporting your local WA builder, suppliers, and trades.
Our experienced team is available to help you along your journey towards your 2 storey home whether you prefer to connect traditionally or via email, phone or if you prefer face-to-face without leaving your home – we can video conference with you. Plus, our clients enjoy an online prestart selection tool which means when you build with us, you can choose your fixtures and finishing’s from your laptop! No unnecessary contact required.
Contact us to learn more about eligibility criteria and application process.