Interest-free loans for WA residential builders

Overview

Interest-free loans are available to residential builders based in Western Australia to help them address any cash flow problems which may be impeding their ability to complete unfinished homes that have been under construction since 1 January 2022 or earlier.

Loans will be paid in instalments and be repayable within a 5-year term.

Builders are encouraged to register their interest in the scheme until 31 January 2024.

Check if you can apply

Builders who meet all the following preliminary eligibility criteria are encouraged to register their interest:

• have at least one Class 1a residential building commenced prior to 1 January 2022 that has not been completed
• be a solvent, WA-based residential building business that has been continually operating in WA since 1 January 2020
• be a WA registered building contractor with a valid Australian business number (ABN) and registered for goods and services tax (GST) without interruption since 1 January 2020.