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Builders, fabricators, installers and home-owners will all suffer from the Queensland Government’s decision to skip out on a transition period for engineered stone bench tops.
HIA welcomes the Cook Government’s announcement this morning to invest $840 million into the housing industry with a focus on social and affordable housing.
“The challenge before the Australian government to complete 1.2 million homes over the next five years, is necessary to reduce the inequity occurring across the housing system,” stated HIA’s Chief Economist, Tim Reardon.
“Australia is closing in on the weakest two years of lending for new home building in over two decades,” stated HIA Senior Economist Tom Devitt.