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Government to bring forward construction projects to stimulate industry

-Government to bring forward construction projects to stimulate industry

A raft of Government construction and housing projects will be brought forward in an extra initiative to stimulate and support South Australia's housing and construction industry.

Premier Jay Weatherill said that while there were some signs of improvement with trend figures showing a slight increase in building approvals - the sector needed further support.

"Last year we took action to stimulate demand which is showing some positive improvements on the horizon," Mr Weatherill said.

"We are now bringing forward more than $70m of Government building, construction and capital maintenance projects to feed supply and support South Australian companies and the thousands of workers in the housing and construction industry."

The projects to be bought forward and begin as soon as possible include:

  • Nearly $27m in Housing SA projects including 90 specialised disability dwellings and a further $8m from the Nation Building funding to deliver a $4.6m mixed use project at Melrose Park and a $3.4m Aboriginal Transitional facility in Coober Pedy
  • $23.6m for the development of 18 Better Neighbourhood projects including the construction of 170 houses
  • The $16m second tranche of the $32m small maintenance grants program to schools launched last year

"Accelerating these projects will create jobs for South Australians and business for local builders, companies and tradespeople," Mr Weatherill said.

"This is just one way the Government can deliver results to the business and construction industry by bringing the Treasury and State Development portfolios together."

Minister for Housing and Urban Development Tom Koutsantonis said the Government had moved to drive demand in the sector last year by creating the Housing Construction Grant program.

This program, which coupled with stamp duty relief offers up to $39,830 in State Government assistance for eligible first home buyers.

"The decision by the State Government to significantly reform the housing grants available to South Australians was a bold decision but the right one," Mr Koutsantonis said.

"This Government is committed to supporting the construction industry and help stimulate the property sector where we can."

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http://dcsi.sa.gov.au/services/latest-news/media-releases/government-to-bring-forward-construction-projects-to-stimulate-industry
Last Updated:
28 Oct 2016
Printed on:
22 Oct 2017
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