It is understood a key plank of the State Government's jobs plan will be the reintroduction of a first home-builders grant, doubling the $7000 already available to those entering the housing market. Image: THINKSTOCK
NEW homeowners will be the big winners when Premier Lara Giddings unveils her jobs stimulus package today.
Ms Giddings is remaining tight-lipped about the details of the package but it is understood a key plank of the jobs plan will be the reintroduction of a first home-builders grant doubling the $7000 already available to those entering the housing market.
The State Government has promised the new Tasmanian Jobs Package will support the creation of more than 3300 jobs and leverage $375 million worth of private investment.
"The Tasmanian Jobs Package has been designed to boost confidence and maximise jobs in the state," Ms Giddings said yesterday.
"The included measures have been carefully considered to provide an immediate economic stimulus."
Tasmanian first home buyers currently receive a $7000 grant under a national scheme but the building industry has been calling for the reinstatement of a further $7000 for new homes.
The Mercury understands the State Government has agreed to at least double the grant for Tasmanians building their first home.
Although he was yet to see the details of the package, Master Builders Tasmania executive director Michael Kerschbaum last night welcomed the move.
He said any incentive to build homes would provide a much-needed confidence boost to the state's construction industry, which he said had shed 3000 jobs in the past 18 months.
"This will give people some confidence we're moving in the right direction," he said. "It will certainly lead to some new home builds."
It appears the Government will not take on the Opposition's policy of also offering additional stamp-duty relief via concessions for Tasmanians buying their first home.
The Mercury understands the Government has decided greater benefits will flow to the building industry by concentrating on new homes.
Ms Giddings said yesterday the Tasmanian Jobs Package, to be released today with the Revised Estimates Report, formerly known as the Mid-Year Financial Report, would include funding to extend the Tasmanian Government Innovation and Investment Fund and tax incentives for businesses to create new jobs.
"The Tasmanian Government is committed to growing jobs and opportunities for Tasmanians," she said.
"We have seen the creation of 1400 new jobs since May but we readily acknowledge more needs to be done to bring the unemployment rate down."
Ms Giddings said the first round of TGIIF attracted 76 applications for projects worth $36 million, with just 10 funded in round one.
The State Government will encourage unsuccessful companies to apply for the latest grant round.
matthew.smith@news.com.au
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