Action description:
Help to Buy is a shared equity scheme allowing 10,000 eligible home buyers to purchase a new or existing home with an equity contribution from the Commonwealth Government. The Commonwealth has committed to providing an equity contribution of up to a maximum of 40 per cent of the purchase price of a new home and up to a maximum of 30 per cent of the purchase price for an existing home.
Outcome:
Outcome 09
Status:
Existing
Is this Indigenous specific?:
No
Indicators:
Home ownership rate (including by location and tenure type)
Responsible Ministers:
Minister for Homelessness
Minister for Housing
Resourcing:
$324.6 million over 4 years from 2022-23
Delivery timeframe:
To be confirmed
Agency:
Treasury