HomeBuilder to drive record construction boom


It is fair to say that the Morrison Government’s HomeBuilder subsidy has been incredibly successful in juicing new home construction and supporting the economy.

Detached house approvals surged to their highest level in the series’ 38-year history in December:

Construction finance has also soared to unprecedented highs:


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About the author
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.