A recent Master Builders survey has revealed that 80 per cent of residential builders fear Victoria’s land supply will not increase over the next three years, undermining efforts to improve housing affordability.
Executive Director Brian Welch said the survey results exposed a severe shortage of developable land in greater Melbourne which would end up forcing up future house prices.
Apartments and units driving decline in housing approvals..
The latest building approvals data for Victoria has been released, showing an overall decline in approvals, with apartments/units.
OHS prosecution demonstrates there is no need for industrial..
The prosecution was the first to result in a person being given a custodial sentence, since the offence was introduced in 2004.