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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.
“Of the estimated 34,000 apprentices who will commence a construction trade apprenticeship this year, we expect fewer than 20,000 will make it through to complete their qualification. This must improve,” stated Geordan Murray, Executive Director - Future Workforce.
The Victorian Government has extended its stamp duty concession for off-the-plan properties, providing continued financial relief for homebuyers. This initiative aims to support the housing market and make home ownership more accessible.
HIA provided a submission to the National Policy Competition analysis 2025.
As West Australia’s residential building industry continues to grow and evolve, it’s important we take a step back and look at something we often overlook - our mental health.