Help to Buy Program Directions 2025
Div 1Preliminary
Start here
Get a plain-English read of Div 1
Turn the raw legal text into a practical explanation grounded in Help to Buy Program Directions 2025.
Division 1—Preliminary
1 Name
2 Commencement
3 Authority
Division 2—Simplified outline of this instrument
4 Simplified outline of this instrument
Division 3—Definitions
5 Definitions
6 Definition of adequately insured
7 Price caps
8 Single and joint income thresholds
9 Indexing the income thresholds
10 References to participants
Part 2—Entering into Help to Buy arrangements
11 Simplified outline of this Part
12 Application of this Part
Division 2—When can Housing Australia enter into a Help to Buy arrangement?
13 Housing Australia can only enter into arrangements where this instrument permits
14 Housing Australia may enter into arrangements with one or more applicants
15 Circumstances in which Housing Australia may revoke approvals
16 Minimum and maximum contributions to purchase price
Division 3—Who is an eligible applicant?
17 Who is an eligible applicant?
18 Exception to requirement not to hold interest in real estate
19 Income test for single and joint applicants
20 Financial capacity test for single and joint applicants
Division 4—What is an eligible property?
21 What is an eligible property?
Division 5—Contract, mortgage and timeframe requirements
22 Requirements relating to mortgages
23 New home contract requirements
24 Timeframe requirements
Division 6—Securing Housing Australia’s entitlement to a return
25 The Commonwealth share and Commonwealth share percentage
Part 3—Participating in the Help to Buy program
26 Simplified outline of this Part
27 Application of this Part
Division 2—Participation requirements
28 Arrangements must require compliance with participation requirements
29 Exceptions to sale of existing property requirement
30 Exceptions to principal place of residence requirement: all properties
31 Delayed application of principal place of residence requirement: new homes
32 Borrowing additional funds under a mortgage from participating lenders
Division 3—Monitoring participants’ compliance
33 Housing Australia must monitor participant compliance
34 Housing Australia must conduct 5‑yearly reviews