Home builders nervous about $25,000 hit as government deadline looms

Nervous home builders are urging the federal government to tweak rules around its HomeBuilder scheme and spare them a $25,000 hit to their finances.

Many who applied for the $25,000 HomeBuilder grant are fearful they will not be able to start work within the six-month construction deadline and will forfeit the grant.

The HomeBuilder scheme closed for applications on Wednesday, and under its rules, work has to…