Certainly, the GST rebate in particular helps, as I said earlier, to ensure either that development projects become viable because of the challenging economic conditions we are all facing, or that what is developed is more affordable to the end-user.
That's very much welcome in the legislation, but what also needs to happen is the timely launch of the co-operative housing development program, which was first committed to in budget 2022. We did hear from ministers that the expected launch of that program is early 2024. I hope we can see that happen very soon because every day that goes by, costs continue to rise, and we need to lock in construction projects now. In our industry, we know there is about a billion dollars' worth of fundable construction starts for co-operative housing development in 2024-25. That development program is needed to support those projects in going forward.