WA Government throws interest-free lifeline to builders
With thousands of homeowners waiting years for new homes to be built, the WA Government has resorted to offering interest-free loans to builders in an effort to clear the backlog.
Constraints in the building industry have seen people turn to the established homes market instead of building. (Image source: Craig Francis)
Western Australians who have been waiting years for their new homes to be built have been offered a glimmer of hope by the state government.
Residential builders are being offered an interest-free loan facility to help them complete unfinished properties, and get Western Australians most affected by delayed construction timeframes into their new homes.
The Builders’ Support Facility will provide interest-free loans to support eligible residenti…
