Critics say $688 million Homebuilder scheme is a missed opportunity

Press/Media: Expert Comment

Description

The Federal Government is touting its new Homebuilder scheme as a boost for the construction sector, as COVID-19 measures keep dragging on the economy. The package is worth $688 million dollars. Critics have been out in force today, saying it's a missed opportunity to fund building that delivers the greatest benefit, such as social housing. Nonetheless, plenty of builders and home buyers are delighted at the offer of $25,000 for eligible recipients.

Period4 Jun 2020

Media contributions

1

Media contributions

  • TitleCritics say $688 million Homebuilder scheme is a missed opportunity
    Media name/outletABC RN
    CountryAustralia
    Date4/06/20
    DescriptionThe Federal Government is touting its new Homebuilder scheme as a boost for the construction sector, as COVID-19 measures keep dragging on the economy. The package is worth $688 million dollars. Critics have been out in force today, saying it's a missed opportunity to fund building that delivers the greatest benefit, such as social housing. Nonetheless, plenty of builders and home buyers are delighted at the offer of $25,000 for eligible recipients.
    URLhttps://www.abc.net.au/radio/programs/pm/critics-say-homebuilder-scheme-is-a-missed-opportunity/12322720
    PersonsVito Mollica