Jeremy Rockliff

Premier of Tasmania



9 August 2018

Peter Gutwein, Treasurer

Helping more Tasmanians buy their own home

The Hodgman Liberal Government wants to see more Tasmanians owning their own home.

Tasmania already has the highest level of home-ownership in the country, but we need to do everything we can to make the great Aussie dream a reality for even more Tasmanians.

The best thing we can do to help more Tasmanians own their own home is build a strong economy to generate jobs and provide more opportunities for Tasmanians.

Our long-term Plan is working and first home buyers in Tasmania have soared by nearly seven per cent over the past 12 months.

At the same time, Tasmania continues to lead the nation in housing finance commitments as Tasmanians take advantage of our strong policies and build or buy their first home.

The number of housing finance commitments in Tasmania grew 0.1% in June 2018 in trend terms, and is up by 0.8% compared to this time last year.

This is the seventh month in a row that Tasmania’s housing finance commitments have grown and bucks the national trend, with Tasmania the only jurisdiction that saw positive growth across the year.

It’s more confirmation that our policies are working to improve the lives of Tasmanians by allowing them to enter the housing market and build or buy their own home.

But we know there’s more to be done, which is why we have:

  • extended the $20,000 First Home Owners Grant,
  • Implemented a 50 per cent stamp duty concession for first home buyers who purchase existing homes up to $400,000 and a land tax exemption for up to 3 years for all new-build housing that is leased for long term rental; and
  • Implemented a stamp duty concession for eligible pensioners downsizing


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