Builders beg for HomeBuilder extension

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The federal government’s HomeBuilder scheme ends on 31 March, although applications for the grant can be submitted until 14 April.

Andrew Helmers, the head of national builder MJH Group, says the six-month time limit for construction work to commence is insufficient and should be increased to 12 months. MJH currently has an order book of 6,000 dwellings, including HomeBuilder work, and warns that the construction industry will not be able to cope with the volume of HomeBuilder work unless the deadline is extended.

From The AFR:

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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.