QLD housing infrastructure deal welcomed by Master Builders
The Commonwealth and Queensland governments have each committed $399 million in grants for housing infrastructure. Master Builders Australia has welcomed the funding deal.
$399 million in grants from both Commonwealth and Queensland Governments ($798 million total)
What's in the new QLD housing infrastructure funding deal?
Increased housing infrastructure funding in QLD may boost construction workloads for local trades operators.
Key takeaways
- Commonwealth and Queensland will each provide $399 million in housing infrastructure grants.
- The combined $798 million funding deal has received support from Master Builders Australia.
- The grants aim to deliver housing infrastructure across Queensland.
Related
HIA welcomes $2.4 billion infrastructure fund to unlock new Queensland housing
The Housing Industry Association has welcomed applications opening for Queensland's new $2.4 billion Infrastructure Activation Fund. The fund is intended to unlock more housing supply in the state.
Why it matters: Builders and carpenters in Queensland could see more housing projects proceed if infrastructure bottlenecks ease. Plumbers and electricians may also gain work from newly serviced land.
Applications open for Queensland's $2.4 billion Infrastructure Activation Fund
The Queensland and Australian Governments have opened applications for the $2.4 billion Infrastructure Activation Fund. It offers grant funding and interest-free loans to help deliver critical infrastructure. The article text provided is cut off, so further details are unavailable.
Why it matters: Builders, plumbers and electricians in Queensland may see more infrastructure and housing-related work if projects win funding. Details on eligibility and timing were not in the supplied text.
ATO ramp up of small business debt collection
Master Builders Australia has published a news item saying the ATO is stepping up its debt collection against small businesses. The text provided gives no further detail on the measures, timing or amounts.
Why it matters: Builders and other trade businesses with outstanding tax debts may face firmer ATO collection action, which could strain cash flow. Details are not in the source text, so check the ATO or Master Builders directly.