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{{propApi.successMessage}} {{region}} Change locationBoost for new homes across Victoria
Boost for new homes across Victoria
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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.
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Financial benefits of a tradie career start from day 1
Analysis by the Housing Industry Association (HIA) shows that there can be immediate financial benefits for young people taking up a trade in comparison to tertiary education.
Independent economic modelling cautions against more tax on housing in Federal Budget
The following is a joint statement from the Housing Industry Association, Master Builders Australia, Property Council and the Real Estate Institute of Australia.
The impacts of potential housing policy settings
Qaive and Tulipwood Economics have been commissioned by Master Builders Australia, the Housing Industry Association, the Property Council of Australia and the Real Estate Institute of Australia to investigate the economic outcomes of a set of potential alterations to housing taxation policy settings.
New home sales weaken in February following January surge
“New home sales fell by 20.3 per cent in February but remain 27.3 per cent higher than in the same quarter last year,” stated HIA Senior Economist Maurice Tapang.