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'Stimulus' rather than 'subsidies', that's our message to government.

Since the start of the COVID-19 crisis, Master Builders has been advocating to keep construction open for business and for stimulus to keep activity going. 

To promote our position, we commissioned Ernst & Young to cost and assess the impact of five stimulus measures that will grow residential and commercial construction activity.

One of those ideas is a $40,000 new home building grant. Ernst & Young modelling showed this would create over $3 in economic benefits for every $1 invested by government.  

$3 in economic benefits for every $1 invested

The five individual stimulus measures include:

  • $40,000 New Home Grant
  • Resilience Renovations Program
  • Cladding Rectifiation, Asbestos Removal
  • 10% reduction in Developer Contribtions / Infrastructure Charges
  • 5% increase in institutional spending on building in health, education, etc

Rebuilding Australia Volume 4