Government housing grants: Support for homeowners

Are you buying, building or renovating?

The Government has put a number of stimulus packages in place to support homeowners and prospective home buyers. Here’s what you need to know about the Government grants.

WA State Government First Home Owners Grant of $10,000 & Stamp Duty Concessions

This is available for First Home Buyers who:

have never owned a property in WA in your own name and neither has your spouse;
intend to live in the home as your principal place of residence for at least 6 continuous months within 12 months of settlement;
enter into a contract to purchase a brand new or off the plan home where the property value does not exceed $750,000; or
enter into a contract to purchase a substantially renovated but never lived in property where the value of the property does not exceed $750,000; or
enter into a contract to construct a new home where the value of the property (house & land) does not exceed $750,000;

Waiver of land transfer stamp duty for property purchases up to $430,000. More details to apply for the FHOG can be found here.

WA State Government Building Bonus Grant of $20,000

This is available for all Owner Occupiers (including First Home Buyers) & Investors who:

enter into a contract between 4 June 2020 and 31 December 2020 to either:
- build a new home on vacant land; or
- enter into an off-the-plan contract to purchase a new home as part of a single-tier development on a strata plan or other land survey type before the development is completed;
there is no cap on the purchase price or value of the contract;
not actual means tested.

You will find more information on the Building Bonus Grant at apply for a new home construction grant.

Commonwealth Government HomeBuilder Grant of $25,000

This grant is available to Owner Occupiers (including First Home Buyers) who:

enter into a building contract between 4 June 2020 and 31 December 2020 to either:
- build a new home as a principal place of residence, where the property value does not exceed $750,000; or
- substantially renovate your existing home as a principal place of residence, where the renovation contract is between $150,000 and $750,000, and where the value of your existing property (house and land) does not exceed $1.5 million (pre-renovation);
- meet one of the following two income caps:
  - $125,000 per annum for an individual applicant based on your 2018-19 taxable income or later; or
  - $200,000 per annum for a couple based on both 2018-19 taxable income or later.
will continue to live at the property (as your principal place of residence) for at least 6 months.

For more details head to the HomeBuilder explanation on the Treasury website here. If you would like to find out more or discuss your eligibility for these homeowner grants, get in touch with the Ledge Home Loans team today.

View Finance News

digital image of a warehouse commercial property

Commercial Property Finance: What Businesses Should Consider Before Approaching a Lender

Commercial property lending remains active despite a more restrictive borrowing environment. New ABS data shows the value of new business loan commitments for property purchases reached $27.2 billion in the June 2026 quarter, up 4.4% from the previous quarter and 18.9% compared with a year earlier. For businesses considering purchasing their own premises, acquiring an investment property or funding a broader expansion, that activity is a useful reminder that opportunities are still being pursued. But securing commercial property finance involves more than finding a competitive interest rate. The purpose of the property, the strength of the business, available security, cash...

Carbon Footprint Data Requests Are Hitting WA Suppliers: How to Respond and Win Work

If you supply the resources sector in Western Australia, there’s a good chance you’ve received a request for carbon footprint data. A major mining or energy client, or one of their procurement platforms, asking for your emissions data, your energy use, your fuel records. Often with a short deadline and a questionnaire that makes little sense when it arrives out of the blue. It can feel like an unreasonable ask. You’re a crane hire company, a maintenance contractor, a transport operator, not a listed miner. Why is their reporting suddenly your problem? Here’s the short answer: it isn’t going away,...

What Australia’s mandatory climate reporting regime means for your business

Australia’s mandatory climate reporting era has officially begun. The country’s largest companies have now lodged their first reports under the Australian Sustainability Reporting Standards, anchored by Australian Accounting Standards Board Standard S2 (AASB S2). To understand where your business sits, it helps to know how the reporting groups are defined. Group 1 captures Australia’s largest companies Those meeting at least two of three size thresholds (revenue of $500 million or more, gross assets of $1 billion or more, or 500-plus employees), plus any organisation reporting under the National Greenhouse and Energy Reporting Act that exceeds 50,000 tonnes of carbon dioxide...

Australian woman taking measures to reduce her business’s cyber risk.

How Cyber Risk Can Impact Access to Finance

If you’re preparing for a business loan, a capital raise, or an acquisition, a strong balance sheet may not be enough to secure finance approval. Today’s lenders and investors are looking beyond financial performance to understand the broader risks facing a business. Cyber risk has become a fundamental component of that assessment. As businesses rely more heavily on digital systems and data, questions around cybersecurity are now a standard part of due diligence. Failure to effectively address your cybersecurity risk can ultimately delay or derail funding and transaction decisions. Let’s explore why cyber risk may impact your ability to raise...

View more Insights

Please note the information provided on this page is general in nature and does not constitute financial, taxation or other professional advice. You should consider whether the information is appropriate for your needs and seek professional advice prior to making any decisions.