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“The challenge before the Australian government to complete 1.2 million homes over the next five years, is necessary to reduce the inequity occurring across the housing system,” stated HIA’s Chief Economist, Tim Reardon.
“Australia is closing in on the weakest two years of lending for new home building in over two decades,” stated HIA Senior Economist Tom Devitt.
The NSW Government has recently introduced additional protection measures and increased monetary penalties for environmental offences, including pollution of waterways.
Members may have seen reports regarding the Victorian Building Authority (VBA) issuing ‘show cause notices’ and suspending the building registration of a Victorian domestic builder after identifying multiple falsified Domestic Building Insurance (DBI) certificates.