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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.
Victoria's leading industry groups have united to demand the Allan Government immediately withdraw its damaging Work from Home Bill, warning it will further undermine investment and economic growth in the state.
The Housing Industry Association (HIA) has told a Senate Inquiry that the Federal Government’s proposed tax changes will result in 35,000 fewer homes, despite being promoted as a solution to Australia’s housing affordability crisis.
HIA welcomes the Cook Government’s announcement to reduce unnecessary red tape for lower-risk building work—an outcome strongly advocated for by industry.
Discover the key air conditioning considerations for builders and homeowners, including system selection, energy efficiency, zoning, comfort, installation planning and long-term performance in new homes.