The Housing Industry Association has come out to say it is fully supportive of the Federal Government's rescue package for small business.

“The residential building industry is dominated by small family owned businesses, operated by people who will be pleased to know that the Government has accepted that small businesses need special support in the fight against COVID-19,” said HIA Managing Director, Graham Wolfe.

“The measures that the Government has announced will help many small businesses continue to operate in this uncertain environment. 

“At this stage the home building industry is still very much open for business."

Mr Wolfe said the building industry employs over 1 million people and injects billions of dollars into the economy.

He was hopeful and positive for the industry continuing on during and after the coronavirus danger passes.

"The residential building industry can play a key role in keeping the economy ticking over and lead the economic recovery that will happen once the virus passes,” said Mr Wolfe.

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