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"A slow return of overseas migration is easing the adverse impact of a loss of workers from Australia’s two largest states,” stated Tim Reardon, HIA’s Chief Economist.
The Victorian Government has announced a further lifting of COVID-19 restrictions in relation to vaccination requirements.
The Certificate of Occupancy requirements for Class 1 buildings were suspended on 16 December 2021 to run until 30 June 2022.
This infosheet provides an overview of what cost plus contracts are, how they are used and how to avoid common issues. HIA has a Tasmania Cost Plus Contract for sale available for purchase through Contracts Online.
Whilst a cost plus contract is similar to a fixed price contract, there are some differences, particularly concerning pricing and progress claims that you need to be aware of.
“Today’s budget demonstrates a clear commitment and acknowledgement by the NSW Government that improving housing supply is the best means of improving affordability in the state," said David Bare HIA Executive Director NSW.