The popular HomeBuilder grants handed out during the pandemic contributed to overheating in the construction sector, a review's found.
The $25,000 grants for home builders and renovators did successfully stimulate the sector during the pandemic - as it was set up to do - but arguably too much, with the costs of construction hitting record highs.
The KPMG review of the HomeBuilder program done on behalf of Treasury found the grants were not the only factors piling pressure onto the sector, with external supply chain issues and state level construction grants also adding fuel to the fire.
