Home building will keep growing in WA, despite the rise in taxation
HIA forecasts continued growth in WA home building despite new federal taxes and labour mobility restrictions. HIA WA Executive Director Michael McGow flagged these pressures but remains optimistic about volume.
Will WA home building keep growing despite higher taxes and labour restrictions?
Builders and trade contractors in WA may face tighter margins due to higher taxes and limits on importing interstate labour to fill skills gaps.
Key takeaways
- HIA forecasts WA home building volumes will keep rising despite new tax burdens.
- Federal labour mobility restrictions are limiting WA builders' access to interstate workers.
- Higher taxation is adding cost pressure on WA residential construction projects.
- HIA WA's Michael McGow flagged ongoing concern about federal policy impacting the sector.
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