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“This $26 million investment is for enabling civil works including roads, sewerage, water and power that will support the delivery of 65 new social homes and 210 private residential lots as part of the Bonnyrigg Renewal Project in South West Sydney.
“This investment is critical to make these projects shovel ready and build ready 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, with examples such as the Bonnyrigg Renewal Project, as important steps forward in boosting housing supply across the country,” concluded Ms Martin.
“The Victorian government’s proposal to update home building contract laws to make them fit for use in the 21st century is welcomed by HIA,” stated HIA Executive Director, Keith Ryan.
WorkSafe ACT has reported a rise in compliance notices being issued across industry. This highlights the importance of mandatory training to ensure safety and regulatory compliance. Ensure all your onsite workers complete the required training maintain compliance with safety obligations, and meet industry standards
“New home sales in Victoria just saw their third consecutive monthly increase, up by 15.7 per cent in the month of May,” stated HIA Executive Director Victoria, Keith Ryan.
“The volume of new home sales increased by 6.9 per cent in the month of May 2025, to reach the highest level in 13 months,” stated HIA Senior Economist, Maurice Tapang.