Recently, two Bills were introduced into the Tasmanian Parliament with the intention of helping stimulate the state’s economy. The Homebuilder Grants Bill 2020 and the Land Tax Amendment Bill 2020 were both introduced into the House of Assembly on 24 June 2020 by the Hon Michael Ferguson, and both Bills passed the Legislative Council on the same day.
The Homebuilder Grants Bill 2020 was assented to as the Homebuilder Grants Act 2020 (Act No 15 of 2020), while the Land Tax Amendment Bill 2020 was assented to as the Land Tax Amendment Act 2020 (Act No 14 of 2020). Both Acts have commenced.
According to the Explanatory Memorandum, the Homebuilder Grants Bill 2020 will amend the First Home Owner Grant Act 2000 to:
In the Minister's speech on the Homebuilder Grants Bill 2020 he said:
The Explanatory Memorandum to the Land Tax Amendment Bill 2020 indicates the Bill will amend the Land Tax Act 2000 to:
Commenting on the Land Tax Amendment Bill 2020, the Minister said in his speech:
Executive Director of Master Builders Tasmania, Matthew Pollock said of the Homebuilder Grants Bill 2020 that “75 per cent of upcoming projects had been cancelled or delayed”. Mr Pollock said further:
Mr Pollock is calling for the State Government's $20,000 first home builders grant to be doubled to $40,000, and to apply to any new home or builder in the owner-occupier market for 12 months.
In a, the Minister said of the Land Tax Amendment Bill 2020:
Tasmanian Greens MP Cassy O'Connor commented in parliamentary debate on the Homebuilder Grants Bill 2020:
Speaking to ABC News, Minister Ferguson said in response to the suggestion of a wide extension of the grant scheme, that a plan to stimulate the building industry was just days away. He said:
The Minister said the Premier of Tasmania would reveal a range of infrastructure projects in the near future. Julie Collins, the Member for Franklin told ABC News that she was sceptical about the State Government's ability to deliver on infrastructure and cited delays on projects like the Hobart Airport roundabout, the Bridgewater Bridge and a four-lane Midland Highway. Ms Collins commented:
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Homebuilder Grants Act 2020 (Tas) and Land Tax Amendment Act 2020 (Tas) - Supporting information available from TimeBase LawOne Service
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