Critics say $688 million Homebuilder scheme is a missed opportunity

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.