According to HIA’ s April Media Release, there is positivity around housing affordability by improving household disposable income through the Budget.
“The timing of income tax cuts on 1 July 2019 combined with a modest growth in wages will see an increase in household disposable income.”
“The building and construction industry employ one in ten workers in Australia. Maintaining a strong building sector is important not just in terms of employment but also to ensure that adequate new homes are built to avoid a worsening of the affordability challenge.”