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The Times

Scott Morrison’s HomeBuilder scheme is classic retail politics but lousy economics

  • Written by Brendan Coates, Program Director, Household Finances, Grattan Institute
Scott Morrison’s HomeBuilder scheme is classic retail politics but lousy economicsEasypads

Scott Morrison’s new housing stimulus package is straight-out retail politics.

HomeBuilder offers homeowners (including first home buyers) a grant of A$25,000 to build a new home worth less than $750,000 or to spend between $150,000 and $750,000 renovating an existing home.

The scheme is limited to owner-occupiers with reported...

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