Inside the house where Australia’s House move to Brisbane could cost $500M
Brisbane, Australia — Australia’s house move to Australia’s capital city could cost more than $500 million.
The Federal Government announced last month that the $2 billion House move will take place between the Brisbane City Council and the Brisbane County Council, where the Brisbane city council is based.
In an announcement released at the time, the Federal Government said that the Brisbane house move would cost $2.4 billion, or about $100 million per week.
The Government has already allocated $500,000 for the project.
The Brisbane City Government announced the decision in October, stating that the project would cost around $1.5 billion to build.
The project is being led by the City of Brisbane, the State Government, the Queensland Government and the Queensland Infrastructure and Transport Commission.
The State Government said last month it was considering whether to take over the construction of the project, with the Government also announcing that it was seeking approval for the State-owned Australian Building and Construction Commission to undertake the project at a cost of $2,500 per week, to be paid for by the Queensland government.
The Queensland Government said it was currently seeking further approvals.
“The project has been reviewed by the relevant bodies and the project approval will be announced in due course,” the Queensland Department of Housing and Communities said in a statement on Monday.
“We have been working closely with the City and County councils on the project and remain hopeful that this will go ahead.”
The project was originally announced as part of the Government’s 2015 Housing Affordability and Livability Agenda.