The grant is called the First Home Builders Boost (FHBB). This measure provides a payment of up to $8000 in addition to the First Home Owners Grant for eligible First Home Buyers who:
- buy a newly constructed home (for example, a ‘spec’ home), or
- build a new home (either as an owner builder or through a registered builder).
The payment is available to eligible First Home Owner Grant recipients who either enter into a contract to buy or build a new home, or commence building a new home from
1 January 2013 to 30 June 2014.
For more information visit www.sro.tas.gov.au