“More than 60,000 people departed Sydney and Melbourne to other parts of the country in the 12 months to March 2021,” stated HIA’s Chief Economist, Tim Reardon.
Residents in Greater Geelong will soon have access to better local mental health support with a construction blitz now underway on two major projects thanks to the Victorian Government.
“A record year for detached home building has kept skilled trades in very high demand in the June 2021 quarter,” stated HIA Economist, Angela Lillicrap.
“The number of land sales in the March 2021 quarter declined by 31.2 per cent compared to the previous quarter, to be 42.5 per cent lower than the previous peak in the September 2020 quarter,” said HIA Economist, Angela Lillicrap.
Construction industry leaders have now set their sights firmly on supporting the supply chain and gearing the industry up for the reopening of construction sites.
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Key industry groups involved in delivering the majority of the Australian Government’s record $110 billion investment in infrastructure projects are calling for urgent reforms to address the industry crisis.
“The number of new houses that commenced construction in the March 2021 quarter was more than 40 per cent higher than the same time last year,” stated HIA Economist, Angela Lillicrap.
Commuters in Melbourne’s west are the big winners as part of the Victorian Government’s Big Build, with new data showing dramatic reductions in travel times, and more works to come with the fast track removal of yet another dangerous and congested level crossing.
The Victorian Government is making it easier for Victorians to find work on some of the state’s biggest infrastructure projects, with the launch of the new North East Link Skills and Jobs Centre.
“New Homes Sales in June 2021 jumped 15.3 per cent to be 11.2 per cent higher in the quarter than the same time in 2019,” stated HIA Economist Angela Lillicrap.