The First Home Owner Grant is a one-off payment for eligible first home buyers/builders in Tasmania. From and including 1 January 2016, the FHOG payment is set at $20,000 for eligible purchasers of new homes (for example a spec home), homes off the plan and owner/builder homes. The payment will revert to $10,000 for transactions entered into after 1 July 2017.
For more information, please read the Tasmanian Government Guidelines.