Housing innovation boost welcome, but falls short
Master Builders Australia welcomes the Federal Government's $39.3 million investment in housing innovation but says it falls short of what's needed to address the housing crisis.
$39.3 million investment in housing innovation announced by Federal Government
Is the $39.3 million housing innovation funding enough to help builders?
Builders may see new construction methods and materials emerge from this funding, but the limited investment means major changes to building practices are unlikely in the near term.
Key takeaways
- Federal Government announced $39.3 million for housing innovation initiatives
- Master Builders Australia says the investment is welcome but insufficient
- Funding aims to boost innovation in residential construction methods
- Industry groups believe more substantial investment is needed to solve housing crisis
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