Mr. Love questions the Treasurer about Nicheliving's home construction delays and potential interest-free loans received through the builder's support facility. The Treasurer acknowledges the issue but doesn't provide specific details about Nicheliving.

AnsweredQoN 381Legislative Assembly
Asked
12 June 2024
Portfolio
Treasurer

QuestionView source ↗

NICHELIVING — HOME CONSTRUCTION DELAYS
381. Mr R.S. LOVE to the Treasurer:
I refer to the hundreds of Western Australians
who have been waiting more than three years for their homes to be completed by
Nicheliving and the significant financial impact and emotional toll this has
had on them. Many struggle to pay mortgages
and are on the brink of homelessness or, indeed, are homeless due to the
business practices of Nicheliving.
(1) Has
Nicheliving applied for or been awarded any interest-free loans through the
builders' support facility, and what is the quantum of those loans?
(2) What
conditions are attached to those loans to ensure that Nicheliving delivers the
promised builds in a timely manner?

AnswerView source ↗

(1)–(2) I
thank the member for such a detailed question. Some notice would have been
preferable, and many of the issues he raised fall under the commerce portfolio.
In
relation to housing supply in this state, we understand that building more
homes is the biggest priority for this government. We are introducing a number
of measures across the community to support more homes.
The builders' support facility,
which is an initiative that we introduced, has been criticised, but we
introduced and announced earlier this year that we are rolling out that
builders' support facility. It is the first and only facility of its
kind in the nation, members. We are supporting builders to finish homes. As I said,
there has been some criticism of it, but we very much backed this initiative
because we want to support Western Australians to have their homes finished.
The number and value of loans
approved or endorsed have been 25 applications for 68 properties. They are
being rolled out now, and payments have already started to be made. I do not
have details about that builder in particular because, as a decision-maker
signing off on these grants, the names of the builders and that information are
not provided to me. I do not know, in particular, about Nicheliving, but one
thing that we are very keen on is continuing to work across the community to
make sure that we can build and finish as many homes as possible.

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