News on Radio 7: the state built a massive and record-breaking new house in the last fiscal year.
Victoria built a record-breaking house worth A $31.5 billion in the previous fiscal year.
The last two years in Victoria have also been a year-breaking building record.
New homes were built in 2015-16, 12 percent more than in 2014-15, according to the Department of Construction Industry Administration of the State of Victoria.
This also broke the 2014-15 total investment of A $28 billion record high.
In 2015 / 16, Victoria issued a total of 110069 building approval certificates.
The permit for building a house issued in the same period last year was 105431.
