HomeBuilder grants ignite “land frenzy”

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The Morrison Government’s new homes and renovation subsidy will be named “HomeBuilder” and will given up to $25,000 to eligible households to build or substantially renovate their homes:

The scheme will give $25,000 grants to eligible homeowners, but recipients will need to spend at least $150,000 of their own money…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.