The WA Government is building Western Australia’s economy back-up from the pandemic by embarking on Building for Tomorrow, the biggest transport infrastructure program WA has seen.
The Victorian Government is helping more people buy their dream home, with thousands of first home buyers spared millions of dollars in stamp duty costs over the past financial year.
MATES in Construction Western Australia has been provided with more than $520,000 in grants from the WA Government through Lotterywest and the Mental Health Commission.
“Prior to COVID-19, population growth had already fallen well below expectations as overseas migration and the natural rate of population growth fell. Left unchecked, this will lead to more subdued building activity over the decade ahead,” stated HIA’s Chief Economist, Tim Reardon.
The WA Government has announced a record $2 million in grants to support local businesses secure contract opportunities, more than doubling last year’s (2019) funding and supporting the WA Recovery Plan initiatives.
“Restrictions on building sites in Victoria that limit trades people to just three sites a week could leave thousands of average Victorians and their families out in the cold during the remaining weeks of winter, and longer, Executive Director HIA Fiona Nield said.
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) rose by a further 7.2 points to 42.7 points in July 2020. This indicates business conditions remained negative across the construction industry in July 2020, but the pace of contraction eased from…
The Victorian Government’s decision to recognise the importance of the housing industry as an essential industry that can continue to operate safely for the next six weeks is extremely welcome.
“The Queensland residential building industry remains on track to experience a significant downturn in building activity in the fourth quarter of the year,” says HIA Queensland Executive Director Mike Roberts.
The Victorian Government is launching a new online portal to help the construction sector find more opportunities to be part of major project delivery across Victoria.