Tassie tackles the downturn

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The Tasmanian Government is rolling out a $3.1 billion construction blitz and extending current building permits issued for a further six months, among other measures to support the construction sector through COVID-19.

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This step will also ensure that builders and property owners can continue their projects without the need to apply for a permit extension which would involve extra time and costs.

The Notice also extends permits issued for historical "pre-2012" permits granted under the former Building Act 2000 that are deemed to expire on 30 June 2020. This will allow further time for property owners and permit authorities that have been affected by the emergency period to undertake necessary work.

The Tasmanian Government is also lifting the asset and income limits under our successful HomeShare program to support more jobs in building and construction, while helping even more Tasmanians to buy or build their own home.

‘This initiative forms part of the Govrnment’s $3.1 billion construction blitz that will help get our economy back on track as we continue to recover from the impacts of COVID-19,’ Tasmanian minister for housing  Roger Jaensch says.

‘Housing will play a key role in our economic and social recovery from COVID-19, and improving the access to this program will add to the available housing stock across the state, support jobs, and help Tasmanians in need.’

HomeShare can help those on lower incomes into home ownership by reducing the initial cost of buying a house and the monthly cost of owning it, with the cost shared with the Director of Housing. We estimate the revised eligibility rules will result in 150 additional home purchases, including 75 new builds over two years.

It will complement other initiatives, such as extending the existing $20,000 First Home Builder’s grant to eligible new owner occupier builds until the end of the year, and constructing up to 1000 new social houses over the next three years.

The revised eligibility requirements can be found here: https://www.homesharetas.com.au

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