It was well telegraphed last week. But after intense lobbying from the Property Council of Australia (PCA) and the Master Builders Australia (MBA), and a warning from the Housing Industry Association (HIA) that dwelling commencements would collapse to around half of peak levels:
The Morrison Government will reportedly announce this week a new $50,000 grant (some press reports are saying $20,000) for all buyers of newly constructed dwellings in a bid to get residential construction moving:
Sky News political editor Andrew Clennell revealed today [Sunday] the stimulus package could be announced as early as this week.
