On 3 June 2026, the Government announced it would implement a Modular Housing Finance Guarantee to support access to finance for Tasmanians wishing to purchase modular homes in Tasmania by establishing a framework under which the State may guarantee certain loans associated with the purchase and installation of modular homes.
The draft Bill establishes the legislative framework for the proposed scheme. Consistent with the enabling nature of the Bill, detailed operational matters, including eligibility criteria, guarantee limits and other scheme requirements, are intended to be addressed through regulations and associated scheme documentation.
Consultation focused on the legislative framework established by the draft Bill. The supporting regulations and Deed of Guarantee are currently being developed.
Submissions were invited from lending institutions, modular housing providers, industry stakeholders and interested members of the community.
Consultation Documents
Modular Housing Finance Guarantee Bill 2026 - Consultation Draft (PDF 273Kb)
Submissions
The Government sought feedback on the reforms by 4 September 2026.
Treasury received the following submissions:
Commonwealth Bank of Australia (PDF 168Kb)
COTA Tasmania (PDF 134Kb)
Homes Tasmania (PDF 196Kb)
Housing All Australians (PDF 467Kb)
Master Builders Association of Tasmania (PDF 445Kb)
prefabAUS (PDF 807Kb)
Property Council of Australia (PDF 258Kb)
Questions
Questions regarding the consultation process may be directed to Financial.Policy@treasury.tas.gov.au.