HIA welcomes $50 million to improve housing supply and industry productivity
The Housing Industry Association has welcomed a $50 million Housing Innovation Fund announced by the State Government to support local manufacturing and boost housing supply and industry productivity.
$50 million Housing Innovation Fund to support local manufacturing capability and capacity
What is the $50 million Housing Innovation Fund and how will it help builders?
Builders and carpenters may benefit from improved access to locally manufactured materials and equipment, potentially reducing delays and costs on residential construction projects.
Key takeaways
- State Government announced $50 million Housing Innovation Fund for local manufacturing
- Fund aims to improve housing supply and industry productivity
- HIA supports the initiative to boost local manufacturing capability
- Investment targets increased capacity in housing construction sector
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