Mr. Catania questions the spending of the $444 million housing stimulus package in response to COVID-19. The answer provides details on the Building Bonus grants and off-the-plan duty rebate, citing low initial uptake and subsequent adjustments to align with Commonwealth grants.

AnsweredQoN 6303Legislative Assembly
Asked
25 June 2020
Portfolio
Treasurer

QuestionView source ↗

I refer to the $1.7 billion of measures introduced by the
State Government in response to COVID-19, and in particular
the $444 million in housing stimulus packages, and I ask: (a) How much of the $444 million has been spent to
date; (b) How much has been spent in Metropolitan Perth and in
regional areas? Please provide breakdowns according to Development Commission regions; and (c) If the full amount has not been spent, why not and when is
it expected to be spent?

AnswerView source ↗

Answered
11 August 2020
Response time
1 days
Please refer to Legislative Assembly Question on Notice 6304, also asked by the Member for North West Central, which provides the response related to the $319 million allocated to build, buy, renovate and maintain social housing across the State.
As at 5 August 2020:
(a)   $40,000 - Building Bonus grants and nil - extension to the off-the-plan duty rebate.
(b)   Due to the low numbers of grants paid the data cannot be provided as it could lead to the identification of individual applicants and disclosure of personal information.
(c)   On 24 July 2020, following changes to the Commonwealth’s HomeBuilder grant, the Minister for Finance announced a change to align the commencement of construction criteria for the State’s Building Bonus grant.  The change to the commencement definition will ensure the safety of the housing and construction industry’s workforce and the integrity of the new build.  It will also provide greater opportunity for people to access the grant and build within the State.
Applications for the Building Bonus grant can be lodged once foundations have been laid for the construction of a detached home or when the applicant is registered on the title for a new single-tier development.
For the off-the-plan duty rebate, an application can be lodged when the buyer is registered on the title for the new property.
Spending is expected to be in accordance with estimates.

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