Joondalup Weekender - - Residential -

ANOTHER peak in­dus­try body has weighed in on the fu­ture of the First Home Own­ers Grant with a so­cial me­dia cam­paign ap­peal­ing to the State Gov­ern­ment to re­tain the $10,000 boost.

Mas­ter Builders WA has launched a new on­line cam­paign with the slo­gan “Our fu­ture is foggy with­out the FHOG”, fresh from REIWA calling on the State Gov­ern­ment to im­ple­ment a range of tax re­forms to stim­u­late the WA prop­erty mar­ket and help re­store the State Bud­get to sur­plus.

Mas­ter Builders ex­ec­u­tive di­rec­tor Michael McLean said al­most all other states and ter­ri­to­ries had recog­nised the im­por­tance of re­tain­ing and, in some cases, in­creas­ing the FHOG in or­der to stim­u­late much-needed eco­nomic ac­tiv­ity.

“Un­for­tu­nately, with WA’s eco­nomic for­tunes lan­guish­ing, the hous­ing in­dus­try still re­quires a fi­nan­cial stim­u­lus to meet the ex­pec­ta­tions of prospec­tive home­buy­ers,” he said.

“The simplest and most ef­fec­tive way of achiev­ing this is for the McGowan Gov­ern­ment to re­tain the $10,000 FHOG.”

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