Everything You Need To Know About The Home Builder Grant
There’s A New Building Stimulus In Town!
We would all love to be in our newly purchased homes, hanging around our state-of-the-art countertop, wine in hand. This may seem like just a daydream for most at the moment though! I’m sure many of us long to design and build our dream home.
Around 2.6 million hard-working Australians have either lost their jobs or had their hours cut in the past two months alone. As a snowball effect of COVID-19, all industries are being negatively impacted with each day that passes.
The building industry is facing tough times! Construction has lost nearly 7% of its workforce since March. Due to this significant loss, fewer homes will be built in the coming months, which in turn means fewer jobs in the construction industry.
With one in ten Australians working in the construction industry, if it isn’t you, it’s your friends, family, neighbours and community affected. But when we are faced with difficult times, know that challenges aren’t sent to destroy us! They are sent to strengthen us! We are resilient and we will get through this together.
But all is not lost with the federal government recently announcing the homebuilder scheme stimulus package.
Let’s Talk About That Dream Home!
So how does one get their hands on some extra cash to assist in the design and build of their new or existing home?
Individuals will be entitled to this stimulus package if they build a new home or substantially renovate their current home. The homebuilder program will:
- Assist residential home builders and include first home buyers.
- Refresh that dated home design and substantially renovate an existing home.
- Assist the residential construction market by encouraging the commencement of new builds and renovations.
The Nitty Gritty
This is the important part. It’s great to be offered a useful stimulus but we want to delve a little deeper. Let’s talk about the fine print to apply for homebuilder:
- Building must commence within 3 months of signing the building contract
- Renovations must be between $150,000 and $750,000
- A new home is valued under $750,000.
- Building contract date must be entered into between 4th June 2020 and 31st December 2020
When each individual State or Territory signs the National Partnership Agreement with the Commonwealth Government, those stimulus packages will come rolling in.
Our construction sector is going to thrive from this home builder stimulus. We want to make sure that you can make the most of this government incentive. We will get you in front of the individuals who will be utilising this building stimulus package. We want to catapult your business to the forefront of this new market! We will put you right in front of your customers! We will give your business the best possible chance to utilise the upcoming building stimulus package.
How Can Your Business Rake In The Building Stimulus?
We will provide you with a world-class digital strategy so that you get in front of the people who are going to be receiving this stimulus package!
With most of Australia looking at their screens right now, your audience is practically lined up for you, as we speak! All at the ready to experience incredible digital marketing. That just happens to be exactly what we specialise in! We are offering you a FREE 30-minute phone strategy session with us. Take the call in the comfort of your own home! Your digital marketing will need to be amazing to stand out from your current competition and that is where we come in.
Our friendly team wants to assist you in creating the best possible outcome, from this much-needed home building stimulus package. Let’s make business easier together! We are experts in digital marketing so speak with us today!
Book in your free strategy session today!
Information about the first homeowners grant
Information about the home builder grant