The Western Australian McGowan Government has piled in behind Scott Morrison’s HomeBuilder program, offering a $20,000 non-means tested subsidy to all purchasers of a newly constructed dwelling, including foreign buyers:
Billionaires, foreign investors and east coast property speculators will be eligible for $20,000 of West Australian taxpayer money under a generous housing assistance scheme announced by the state government on Sunday.
Anyone who commits to build a new house in Western Australia over the rest of this year will receive the bonus, which is part of a broader $444m program that the government hopes will create more than 4000 jobs…