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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.
This year’s Federal Budget has seen some of the biggest changes to the Australian taxation system with regard to property investors and construction in decades.
The Housing Industry Association (HIA) welcomes the recent changes to the workplace health and safety laws in the Northern Territory as a practical step towards reducing red tape and letting builders get on with delivering much needed homes.
The Housing Industry Association (HIA) has welcomed new National Centre for Vocational Education Research (NCVER) figures showing more trade apprentices are completing their qualifications, saying the results are another encouraging sign that Australia's construction workforce pipeline is strengthening.
HIA congratulates Ben Carroll on becoming Victoria's new Premier and looks forward to working constructively with his Government to increase housing supply, support industry confidence and deliver the homes Victorians need.