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“This investment is for enabling civil works including roads, sewerage, water and power that will support the delivery of 3,781 dwellings which will be a mix of new social homes and private residential lots.
“Part of the total spend includes, $4.5 million being provided to deliver infrastructure upgrades from the Burwood Highway, Knoxfield. This will pave the way for around 400 new dwellings and increase access to the area.
“Also, more than $88 million is being made available for to boost housing supply and bring forward housing projects in regional Victoria.
“This investment is critical to build both social and private homes faster, as builders often tell us that getting this key ‘last mile’ infrastructure is what holds many projects back from being delivered in a more-timely fashion.
"HIA strongly advocated for a boost in enabling infrastructure funding as part of this year’s Federal Budget and were pleased to see $1.5 billion being committed by the Federal Government to support states, territories and local governments to unlock new homes.
“It is therefore encouraging to see this funding now being rolled out to support key housing projects, in order to boost housing supply across the country,” concluded Ms Martin.
Following a strong member response, this October the icare lung health monitoring bus returns to the HIA office in Newcastle.
“Victoria saw a 7.1 per cent increase in new home sales in August, while the other four large states all declined,” stated HIA Senior Economist, Tom Devitt.
“The volume of new homes sold (contract-to-build) nationally decreased by 1.2 per cent in the month of August 2025,” stated HIA Senior Economist, Tom Devitt.
HIA took the opportunity to provide a submission to the Senate Inquiry into Climate Risk Assessments.