Money for social housing, not home buyers grants, is the key to construction stimulus
- Written by Brendan Coates, Program Director, Household Finances, Grattan Institute
There’s no doubt Australia’s construction industry is facing tough times. COVID-19 has caused migration to slow to a trickle. Some 2.6 million Australians have either lost their jobs or had their hours cut in the past two months. Many economists expect property prices to fall.
It all adds up to fewer homes being built in the coming...
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