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“This investment includes concessional loans and grants to support more homes for first home buyers delivered faster, which is timely given home ownership rates for those under 40 are at decade lows.
“The $250 million joint commitment is primarily focussed on key ‘last mile’ enabling infrastructure including roads, sewerage, water and power to fast track new dwellings delivery across a range of projects in the Territory.
“This investment is critical to build more 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.
“The $250 million commitment includes:
“HIA has been advocating extensively for a boost in enabling infrastructure funding as part of this year’s Federal and ACT Budget to support state and local governments to unlock more new homes faster, so it pleasing to see this new commitment announced today.
“This investment will be particularly important to boost new greendfield housing options for first home buyers in the Territory, as these are quickly becoming the “missing middle” in the ACT with apartments dominating the Canberra skyline and the only real option for perspective home owners presently.
“This joint Federal and ACT commitment will enable more new greenfield housing projects to be shovel ready faster and in turn boost housing supply across the Territory and get the nation one step closer to 1.2 million new homes target,” concluded Ms Martin.
Comfort, efficiency, and long-term performance start with smart ducted air-conditioning design. Correct sizing, zoning, and airflow planning help avoid costly changes after handover. Partnering with experienced specialists like Ford & Doonan ensures dependable comfort and energy efficiency in every home.
The Hunter region's largest and most successful home and renovation show, the HIA Newcastle HOMESHOW, returns this Saturday, May 16, 2026, offering a full day of inspiration, expert guidance and entertainment for the whole family.
The Victorian government’s conveyor belt of legislation continues to roll out with the passing of the mammoth (623 page) Building and Plumbing Administration and Enforcement Act 2026 on Tuesday along with the introduction into Parliament of the Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026 (only 105 pages).
“Investors are responsible for building 43 per cent of new homes in Australia over the past year, according to ABS data released today,” stated HIA Chief Economist, Tim Reardon.