Key Documents
The Australian Government has released the exposure draft Program Directions for the Help to Buy scheme.
The Program Directions will sit alongside the Help to Buy legislation and will assist Housing Australia with the delivery of the scheme. The draft Program Directions contain details of the scheme, including the scheme’s eligibility criteria and obligations on participants.
The Australian Government welcomes feedback from stakeholders on the draft Program Directions and Explanatory Statement.
Background
Help to Buy is a shared equity scheme which will support 40,000 Australian households to purchase a new or existing home with an equity contribution from the government.
Help to Buy will be administered by Housing Australia, and will be open to a maximum of 10,000 eligible Australian households each year over 4 years.
The scheme is intended to support Australians who otherwise would not be able to purchase a home.
Responding
You can submit responses to this consultation up until 21 May 2024. Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
View our submission guidelines for further information.
How to Respond
Online – preferred method
How To Respond
Post
Address written submissions to:
Treasury
Langton Cres
Parkes ACT 2600
Enquiries
Email: housing@treasury.gov.au