SA offers $8500 grant for new homes

Written By Unknown on Senin, 15 Oktober 2012 | 11.27

SA Premier Jay Weatherill has offered an $8500 grant to anyone building a new home in the state. Source: AAP

SOUTH Australia will offer an $8500 grant to anyone building a new home in a bid to stimulate the state's flagging construction sector.

Premier Jay Weatherill says the new grant will apply until June next year and will be available to all people who build a new home, not just first home buyers.

"This new grant will provide an urgent boost to the state's housing construction industry and help stimulate the property sector," Mr Weatherill said on Monday.

"As a government, we need to put in place measures to give confidence to the industry and get more South Australians buying or building a new home."

According to recent statistics, the number of new homes built in South Australia fell by 18 per cent last financial year.

"The property market is soft and the housing construction industry is doing it tough," Mr Weatherill said.


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