Announced in June 2020, the Federal Government’s HomeBuilder grant offers $25,000 to those building a home and making renovations.

To be eligible you must be an Australian citizen aged over 18, and be on an income of less than $200,000 for couples and $125,000 for singles. Additionally, your new home must be worth less than $750,000 (including land value), OR your renovation must cost between $150,000-$750,000 for a home previously valued less than $1.5 million. Available to all owner-occupiers, the grant is eligible for those with contracts entered into between June 4 2020 and 31 December 2020. We’ve put together a full guide on the grant, as well as some tips on how to best take advantage of it.

1. HomeBuilder basics

2. Benefits of HomeBuilder

3. HomeBuilder criticism