On 4 June 2020, the Australian Government announced HomeBuilder to provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home, substantially renovate an existing home or buy an off-the-plan home/new home where the contract is signed between 4 June 2020 and 31 December 2020 (inclusive) and construction commences within three months of the contract date.
News Link: State Revenue Office Victoria