The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) improved by a further 7.5 points to 52.7 in October 2020, with the return to mild expansion driven by housing construction (readings above 50 indicate expansion in activity, with higher results indicating…
The WA Government will give more Western Australians the opportunity to access the highly successful Building Bonus program, by giving homebuilders more time to commence site works to qualify for the $20,000 grant.
“The full impact of HomeBuilder is now evident in the HIA’s New Home Sales Report with sales now 11.8 per cent higher in the seven months since restrictions came into effect than at the same time last year (2019),” commented HIA Chief Economist, Tim Reardon.
“The short-term stimulus from HomeBuilder is emerging in the housing finance data released by the ABS today (October 9 2020). This is particularly evident in the issuing of loans for the construction of new homes and in lending to first home buyers,” stated HIA’s Chief…
The Budget will boost confidence in the building and construction sector, protect the viability of thousands of building and construction businesses and save the jobs of the more than one million people that they employ.
Master Builders Australia commends the Federal Government for its Budget measures to support women during the pandemic, including in the building and construction industry.
The Green Building Council of Australia (GBCA) welcomed the 2020 Federal Budget saying that it invests decisively in the recovery challenge but could be leveraged further to drive stronger sustainability outcomes.
“Tonight’s (October 6 2020) budget has given both first home buyers and more than one million workers in the residential building industry the incentive and confidence needed to continue to navigate through these challenging times. The measures announced will deliver a pipeline of building work…
The WA Government is partnering with industry to increase opportunities for jobseekers to be part of Western Australia’s transport infrastructure boom, launching the Infrastructure Ready TAFE program.
“Today’s (October 4 2020) announcement that the Australian Government will inject a further $1.2 billion into helping new and existing apprentices get a leg up in these difficult times responds to HIA’s call to ensure the class of 2020 are not left behind,” said HIA…