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“While the decision to cancel the Games will be disappointing for regional communities and sporting, tourism and events bodies, the government’s commitment to retain part of the Commonwealth Games budget for the $1 billion Regional Housing Fund is welcome,” said Keith Ryan, HIA Executive Director, Victoria.
The announcement today of the $150 million Regional Worker Accommodation Fund is also positive news.
“Demand for regional housing will only intensify as Victoria’s population grows so the investment that is expected to deliver more than 1,300 new homes could not come at a better time.
“The Regional Housing Fund will be a welcome support for regional home builders who can contribute to their communities by growing the supply of housing and creating jobs as Victoria continues to grow.
“The Regional Worker Accommodation Fund will help to house the workforce required in regional Victoria and we look forward to consultation about the program design and eligibility requirements.
“Our regional members regularly report that lack of suitable housing is a major challenge to attracting workers to regional Victoria. This new Fund will help resolve that challenge,” concluded Mr Ryan.
The Housing Industry Association has welcomed the Public Accounts Committee's inquiry into TasWater, saying the decision to put housing supply squarely in the terms of reference is one of the most significant developments in the state's housing debate this year.
The Wide Bay Burnett region to face a severe housing crisis characterised by declining affordability, rapidly rising housing costs, constrained rental supply and increasing workforce accommodation shortages.
HIA welcomes the Northern Territory Government's commitment to rebuild the economy by creating a more business-friendly environment and cutting excess red tape and improved regulatory practices.
Attwood Builders has won the 2026 HIA Northern Victoria Home of the Year award for an outstanding custom built home in Yarrawonga.