Original article by Michael Bleby
The Australian Financial Review – Page: 31 : 9-Apr-18
The Housing Industry Association notes that 2016 was a record year for new house construction, with 230,000 being built, and that this rate of construction needs to be maintained for the next two decades. The HIA states this level of construction is needed to meet demand levels and to help maintain housing affordability. The HIA also wants immigration levels to be maintained, in order to offset the impact of Australia’s ageing population and falling birth rates.
HOUSING INDUSTRY ASSOCIATION LIMITED