EconomyMajor housing investment near Perth to boost apartment construction

The National Reconstruction Fund will invest $120m in a $240m advanced manufacturing project north of Perth, which is expected to produce 2,000 apartments a year when fully operational. The Western Australian government will provide a $20m grant and Wesfarmers a $100m equity investment. The government says the apartments could be built up to 20% cheaper and 50% faster than through traditional construction.

housing investmentadvanced manufacturingPerth

TThe Guardian★★★☆☆2026-08-23 21:19Original