Victoria’s building boom is already paying dividends, with the value of infrastructure projects in the state growing by $18 billion or 20.5 per cent over the past year.
The WA Government will provide further economic support and introduce a targeted housing stimulus, to assist the local housing market and construction sector in Western Australia.
“After falling by 8.5 per cent in 2018 new home sales appear to have stabilised in the first quarter of 2019,” stated Geordan Murray, HIA Senior Economist.