The First Home Owner Grant is a one-off payment for eligible buyers and builders of new homes. The Tasmanian Government has extended the increased $20,000 First Home Owner Grant for one year, from 1 July 2018 to 30 June 2019.
Eligibility criteria are detailed on the State Revenue Office website.
The increased $20,000 payment will be available for eligible transactions entered into up until and including 30 June 2019.
From 1 July 2019 onwards, the grant amount will revert to $10,000.
More information is available on the State Revenue Office website.