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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.
Opening statement by Simon Croft, Chief Executive Industry & Policy
The ACT has earned the unenviable title of ranking last in the nation for housing supply, according to the latest Housing industry Association (HIA) quarterly national scorecard.
Western Australia has broken a decade-long drought to claim the top spot on the HIA Housing Scorecard, marking a significant milestone for the state’s housing industry. For the first time since 2014, WA leads the nation in home building activity—a remarkable turnaround from the mining downturn that pushed the state to the bottom of the rankings for much of the last decade.
The Housing Industry Association (HIA) has joined Deputy Premier and Minister for Small Business, Trade and Consumer Affairs Guy Barnett MP today to welcome the Tasmanian Government’s release of legislation to pause changes to the National Construction Code (NCC).