HomeBuilder: Australia faces $2bn-plus bill as applications tipped to top 100k – realestate.com.au

What would you expect when there’s ‘free money’ to be had? Certain segments of the market are scrambling to qualify for the scheme before it expires or changes. Between 4 June 2020 until 31 December 2020, it was $25,000. Then it dropped to $15,00 for applications up to 31 March 2021. All applications must be lodged by 14 April 2021… and then is that it?

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Applications for the federal government scheme have quadrupled and the budget’s bulged by $1bn-plus.