Federal government offers $25,000 home builder grants to support construction sector

Treasurer Josh Frydenberg and Prime Minister Scott Morrison arrive to speak to the media during a press conference at Parliament House in Canberra, Thursday, March 12, 2020. (AAP Image/Mick Tsikas) NO ARCHIVING

Treasurer Josh Frydenberg and Prime Minister Scott Morrison Source: AAP

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The federal government has launched a $688 million HomeBuilder grants scheme it says will keep 140,000 jobs in the construction industry through the recession.

Australians with grand designs on a dream home will get a $25,000 gift from taxpayers as the government looks to keep the construction sector building.

The $688 million HomeBuilder program will offer the grants to people who sign contracts to build or substantially renovate their home from Thursday until the end of the year.

Read the full article in English

here.