Statements
Housing Finance Grows Under Liberal Government
The Liberal Government is laying the foundations for the future to make Tasmania the state for people to work, live and invest.
We are already seeing positive signs in terms of jobs growth and renewed confidence in the economy and today’s ABS Housing Finance figures show Tasmania is also an attractive place to live.
Housing finance commitments increased by 16 per cent in June 2014 compared to the same time 12 months earlier.
The value of housing finance commitments increased by 21 per cent in that same time.
This is a sign of renewed confidence under the Liberal Government and further positive news for the building industry.
Today’s figures follow the June Quarter Property Report from the Real Estate Institute of Tasmania which shows the highest number of house sales in four years.
The Liberal Government is delivering our long term plan for Tasmania and we are growing the economy to create jobs.
Peter Gutwein, Treasurer