Some good news is that it anecdotally appears that HomeBuilder has had a positive effect since it was announced two weeks ago. While sales went dry, and many planned builds were scrapped once the full effect of lockdown was being felt, some of our members have reported spikes in activity since the HomeBuilder grant was announced.
Some in regional areas have been run off their feet with interest which is consistent with Victorians topping the national figures of those registering interest in the grant (more than 7000).
While this extra activity does provide challenges of its own, and it by no means signals a total recovery for the entire industry it is an encouraging sign of the stimulus having positive effect.
Today MBV did some media in regional areas discussing the matter with local builders, below is the Media Release that went out in Wodonga, we will have videos and news stories of this media in Monday’s bulletin.