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{{propApi.successMessage}} {{region}} Change locationHousing infrastructure spend welcomed by industry
Housing infrastructure spend welcomed by industry
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“A substantial number of housing projects across Australia are near ready for construction, but stalled due to a lack of funding for enabling (‘last mile’) infrastructure.
“In many growth areas, state and local governments face increasing difficulty financing the trunk infrastructure required to unlock new housing supply.
“The cost of infrastructure provision, and the mechanisms used to recover those costs, have a direct influence on land prices, development feasibility and housing affordability.
“Poorly sequenced or excessively front-loaded charges raise project costs and delay delivery, whereas timely and efficiently financed infrastructure can expand supply and moderate price pressures.
“It is particularly pleasing to see that $500 million is reserved just for regional Australia.
“It can be a challenge to fund infrastructure in regional growth areas, where the population does not yet support more investment in services, but the population can’t grow without it. This helps break that ‘chicken and egg’ cycle.
“Timely provision of enabling infrastructure is critical to making projects shovel ready. It is not traditionally an Australian government responsibility, so this is an important commitment that will help accelerate housing delivery,” concluded Ms Martin.
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Modern Methods of Construction require skills evolution, not workforce replacement
The Housing Industry Association (HIA) has welcomed the release of BuildSkills Australia's new report examining the workforce and skills implications of Modern Methods of Construction (MMC), saying the findings confirm that innovation in home building can be supported through evolution of existing skills and training pathways rather than wholesale workforce disruption.
Higher rates will not build more homes
“Today's increase in interest rates will further reduce the number of new homes Australia builds at the time when increased supply is the only sustainable solution to the affordability challenge,” stated HIA Senior Economist Tom Devitt.
HIA welcomes recommissioning of Cardup Brickworks
The Housing Industry Association (HIA) has welcomed the Cook Government's support for the recommissioning of the Austral Brickworks facility at Cardup, describing the decision as an important step towards improving building material supply and supporting the delivery of homes and infrastructure across Western Australia.
Cardup Brickworks to recommence operations
HIA welcomes the announcement that Brickworks will recommence operations at its Cardup brickworks facility, supported by the WA Government.