Coalition right to extend HomeBuilder deadline by 12 months

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Nobody can deny that the Morrison Government’s HomeBuilder program has been a stomping success in driving building activity.

New home sales soared, with sales in the three months to February 2021 60.5% higher than the same three months in 2020:

Australian new home sales

New home sales soared on the back of HomeBuilder.

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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.