“In a post-mining boom economy, and with declining investment in commercial construction in Victoria, there is tremendous pressure on the Andrews Government to boost Victoria’s building and construction industry in this year’s budget,” Master Builders Association of Victoria chief executive Radley de Silva said.
Residential building approvals in regional Victoria..
It appears a lack of affordable housing in Melbourne is the key driver for venturing to regional Victoria seek more affordable.
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.