NT First Home Owner Grant Hits $50,000 From October 2025 to October 2026, Then Falls to $10,000

First Home Owner Grant Amendment (Extension of Scheme) Bill 2025

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Introduced by: The Hon Bill Yan MLA (CLP)

Effects of this bill

If this bill passes, it means that:

The residence requirement deadline for First Home Owner Grant applicants moves from 2025 to 2026.
Grant recipients get $50,000 if their transaction starts between 1 October 2025 and 1 October 2026.
Grant recipients get $10,000 if their transaction starts on or after 1 October 2026.
People applying for the First Home Owner Grant can now meet their residence requirements up until 2026.
The First Home Owner Grant amount now depends on when the property transaction starts.
People whose transactions start between 1 October 2025 and 1 October 2026 can get a grant of $50,000.
People whose transactions start on or after 1 October 2026 can get a grant of $10,000.

The Debate

What different members said when this bill was debated:

Bill Yan CLP

“Madam Speaker, I present a Bill titled the First Home Owner Grant Amendment (Extension of Scheme) Bill 2025, Serial 38, and table a copy of the explanatory statement. I move that the Bill be now read a first time. The Bill amends the First Home Owner Grant Act 2000 to extend the HomeGrown Territory Grant of $50,000 in respect of new homes for 12 months.”

Official source →

Selena Uibo ALP

“Madam Speaker, from the outset I make it clear that the opposition will be supporting this legislation. I also make it clear that Territorians should not be fooled. When it comes to addressing housing issues in the Northern Territory--whether they be issues of supply, affordability or security--the CLP government does not have a long-term strategy.”

Official source →

Andrew Mackay CLP

“Madam Speaker, like many in this Chamber I was excited to hear the first line of the Leader of the Opposition’s speech. It was a positive moment, but it was followed by about 15 minutes of rubbish. It was a great opening line, and I welcome Labor’s support when we vote on this matter. We heard attacks on the Treasurer and that more work needs to be done on affordable housing in the Territory.”

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Clinton Howe CLP

“Madam Speaker, I speak about the Territory home grants with enthusiasm, as I did when we first introduced them. It seems we also need an economics class, as we have heard that Labor does not understand economics. We will break down what this does, why we are targeting new builds and the flow-on effect on our economy.”

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Chanston Paech ALP

“Madam Speaker, home ownership is important for many people across the Northern Territory. While many in this parliament have had the opportunity to own a home, many, I assume, rent. Regardless of home ownership or rental status, we are talking about something that is important. We heard the Member for Drysdale give a tall tale of history, and we have heard a lot of verbal diarrhoea.”

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Oly Carlson CLP

“Madam Speaker, I speak in strong support of the First Home Owner Grant Amendment (Extension of Scheme) Bill 2025. It delivers real results for Territorians. It extends our HomeGrown Territory Grant and the most generous homeowner schemes in the nation, ensuring that more Territorians can turn their dream of owning a home into reality.”

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Khoda Patel CLP

“Madam Speaker, when we talk about housing, it is not just buildings; it is people, families, hope and the future of the Northern Territory. This First Home Owner Grant Amendment (Extension of Scheme) Bill 2025 is not just about money or policy; it is about giving Territorians the chance to achieve one of life’s greatest dreams--owning a home.”

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Matthew Kerle CLP

“Madam Speaker, I support the First Home Owner Grant extension. It is a fantastic policy from the government to kickstart the Territory economy after eight long years of Labor’s mismanagement. I thank the loyal opposition for supporting this Bill. It appears that in opposition Labor members have discovered some common sense that unfortunately was lacking when they were in government.”

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Jinson Anto Charls CLP

“Madam Speaker, I support this Bill. Our government is investing in Territorians, backing them to build a secure future. The CLP government is helping families break free of the costly rental market and realise the dream of owning their first home. That dream is important. When my family and I first arrived in the Territory we, like many others, began our journey by renting a small unit.”

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Brian O’Gallagher CLP

“Madam Speaker, I support the First Home Owner Grant Amendment (Extension of Scheme) Bill 2025, Serial 38. I never tire of reading this seminal policy document. I seek leave to table this page outlining our commitment to boosting construction and home ownership, which relates directly to this Bill. Leave granted.”

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