More than 8,000 Australian households have expressed interest in the Morrison Government’s HomeBuilder subsidy for newly constructed and renovated dwellings, which will be available for building contracts signed between 4 June 2020 and 31 December 2020:
Simonds Group chief executive Kelvin Ryan, who leads one of the nation’s top homebuilding groups, said it had recorded a “trebling” of inquiries since the HomeBuilder package was announced.
“It’s been quite significant. Our digital inquiries have trebled and anecdotally our displays have also livened up,” Mr Ryan told The Australian.
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Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
