“With home prices falling, access to finance more difficult and fewer people now entering the country, the number of new homes approved for construction has declined,” said Diwa Hopkins, HIA Economist.
The Green Star certification process for building interiors will be more accessible with a fast-track system being introduced for the tenants of commercial buildings that have achieved Green Star status.
A trial housing development on a 34-unit apartment block in North Melbourne has helped people come off social housing waiting lists, thanks to a unique partnership between University of Melbourne, Melbourne City Mission, Resilient Melbourne and the City of Melbourne.