Building to brighter days in FNQ
THE housing industry continues to gain confidence with a spike in building approvals as the Far North recorded the second highest approval increase in the state.
THE housing industry continues to gain confidence with a spike in building approvals as the Far North recorded the second highest approval increase in the state.
The number of building approvals, which includes Cardwell, the Tableland, Cairns and the Torres Strait, rose 30 per cent to 73 in November from 56 in October, according to the Australian Bureau of Statistics.
The Far North slipped in behind Mackay and Whitsunday region recording a 59 per cent increase followed by north Queensland at 25 per cent.
Housing Industry Association North branch manager Peter Collins said Cairns, alone, recorded an increase of 31 building approvals in November from 23 in October with 42 approvals coming from outside of Cairns.
And the Johnston region saw 13 new homes given the green light in November.
With more cyclone Yasi claims being processed, a last-minute rush for the $10,000 building boost, which has now been extended until April, and confidence that the economy has turned around have contributed to the noticeable spike, Cairns industry leaders say.