Sunday 26 March 2023
MEDIA RELEASE
Property Council welcomes deadline extension to ³Ô¹ÏÍøÕ¾Builder paperwork
The Property Council of Australia has welcomed news that the Australian Government will work with states and territories to extend the ³Ô¹ÏÍøÕ¾Builder documentation deadline for existing approved applicants.
Property Council Chief Executive Mike Zorbas said moving the deadline of 30 April 2023 to 30 June 2025 for submission of supporting documentation for those who have been affected by supply constraints and construction industry delays is the right thing to do.
“The Australian Government is doing the right thing for those ³Ô¹ÏÍøÕ¾Builder recipients affected by weather and supply constraints around the country,” Mr Zorbas said.
“This, and the assistance of state and territory governments, will help approved applicants who are already in the scheme and have relied on it.
“The new home aspect of ³Ô¹ÏÍøÕ¾Builder was a remarkably successful job saver and confidence booster during and after the most severe health related lockdowns in more than a century.
“Retaining the positive promise of a scheme we hope is never needed again, is thoughtful public policy,” he said.
