Govt 'needs to pull finger out' and do more for housing industry | Sky News Australia

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Shadow Housing Minister JasonClareMP says the government needs to do more to support the building industry, after a report forcasted a significant drop in the number of homes being built.

Shadow Housing Minister Jason Clare says the government needs to do more to support the building industry, after a report forcasted a significant drop in the number of homes being built. Master Builders Association on Monday said there was a 27 per cent fall in home building looming.

“Their forecast today shows instead of building 170,000 homes this financial year, it’s more like 125,000,” Mr Clare told Sky News. “If there is a massive drop in the number of homes built then that means there is lots and lots of jobs lost in the housing industry. “This is an industry that employs about one million people. “That’s why I have been arguing for months that the government has got to pull their finger out and do something here.

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JasonClareMP If only there was an indusrty that could generate ONE MILLION NEW JOBS with a little backing!!!

JasonClareMP Wait 6 months for it to be built on a 5% deposit move in and magically watch that 5% disappear and more. Then rates rise the bank says sell now before you owe more money and the rich investors come in and buy a 3yo home 50k cheaper 👍🏻

JasonClareMP Maybe a homebuilders scheme 😂😂😂. I think I've seen that somewhere already 🤔🤔

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