2022-11-14 GC Agenda - Item 4 - Attachment 1 - Short Term Accommodation Monitoring Report 2022

2.9.4.4 Home builder grant
Part of the economic stimulus package by the Federal Government included the Home Builder
Grant for new home builds or renovations above $150,000 to homes the owner would occupy.
The HNA2021 stated:
This was probably of most relevance for major renovations in Noosa Shire as new housing
stock is limited and the renovation had to be $150,000 or more in value. At the same time
people chose to put money into their homes, stimulating the construction, landscape and
furnishings sectors. Community sentiment has been that it’s hard to secure trades people and
that building materials, floor covering, plumbing supplies, furnishings etc. are all increasing in
cost and decreasing in availability. The Urban Developer suggests that a construction supply
crisis is affecting residential development projects across the country as a critical shortage of
building materials delays commencement and completion of projects with cost blowouts along
the way. COVID19 has led to increased shipping costs and the 2019-20 bushfires through
Australia depleted supplies of structural pine, used for house framing.




                                                                                           pg. 75
Noosa Council Monitoring Report 2022/23