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New reforms set to benefit Territory first home buyers

October 22, 2025 9:10 am in by
The Good Brigade/Getty Images.

The NT Government has extended a $50,000 grant program.

The scheme was extended in Parliament yesterday (October 22), now in place until September 30 next year.

Minister for Housing and Construction Bill Yan says the scheme gives Territorians breathing space to save their deposit, and will benefit the NT economy.

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“This means busy tradies, suppliers with a steady stream of orders and retailers having plenty of homes to fit out.”

“And every new home built and lived-in will free up more properties for renters.”

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