Date Time
HomeBuilder workhorse of economic recovery
The success of the Federal Government’s HomeBuilder grants program demonstrates the power of residential construction in supporting jobs and driving economic activity.
According to new figures from Treasury, more than 75,000 households have applied for the HomeBuilder grant with around 80 per cent of these for new construction.
“HomeBuilder has been the workhorse of Australia’s recovery from the impact of COVID-19, supporting hundreds of thousands of jobs, generating tens of billions of dollars in economic activity and helping more Australians into their home,” said Ken Morrison, Property Council Chief Executive.
“Significantly, we are seeing record numbers of first home buyers coming into the market, assisted by HomeBuilder and the First Home Loan Deposit Scheme.
Market Insights – by Trilogy Funds
Management
The past year has seen major shifts in Australia s property
markets, but not in our attitudes to property. Buyers may favour
different areas or property types over time, and price growth may
occasionally stall or even reverse, but surveys show that our faith
in bricks and mortar as an investment option remains just as solid
as the long-term upward trend in property values. Here are 10
reasons why Australian investors devotion to property is so
unwavering.
1. It s the main game
Property is by far the largest asset class in Australia, often
making it a key component of any balanced investment portfolio. The