The Federal Government’s HomeBuilder program is providing a much-needed boost to the local residential construction sector and associated industries.
Speaking at Arden Vale Homes display home in Middle Ridge today, Federal Member for Groom Dr John McVeigh said the program was improving confidence in the local construction industry and keeping local people in jobs.
“Feedback I am receiving from those in the local construction and associated industries is that work continues to flow, and in fact several businesses are reporting significant increases in enquiry and signed contracts,” Dr McVeigh said.
Arden Vale Homes Director/Builder Tim Waring said weekly display home walk through traffic and general call and email enquiries had more than doubled while contract signings were up 220% for the past two months.
Dr McVeigh said nationwide 40,440 people had registered their interest in the program online with Queensland leading the way with 11,576 online registrations.
“HomeBuilder not only supports the jobs of local carpenters, plumbers, bricklayers and electricians, it is also supporting those businesses that produce the frames, trusses, glass, bricks and tiles, sole traders, building contractors, engineers, draftspeople, real estate agents and many more.”
“It’s an industry which has long lead times and a long supply chain. Ensuring there is a steady pipeline of work for the local residential construction industry is vital to help it emerge from the COVID-19 crisis.”
HomeBuilder provides all eligible owner-occupiers with a one-off grant of $25,000 to build a new home or substantially renovate an existing home. The program complements existing State and territory First Home owner Grant programs, stamp duty concessions and other grant schemes, as well as the Morrison Government’s First Home Loan Deposit Scheme and First home Super Saver Scheme.