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Australia's residential building industry is being impacted by new regulations around negative gearing, self-managed super funds, capital gains tax and tax changes introduced in the latest Budget. Whilst the government claims these will increase housing affordability, the reality is different for housing professionals, who claim the critical home supply shortage is the real reason housing has become less affordable.
In this episode of Made to Build In Focus, HIA Managing Director Jocelyn Martin joins Peter Burgess, CEO of the SMSF Association, and Laurie Cosentino, General Manager of Domaine Homes, to explore what these changes mean for business confidence and the wider industry. The outcomes of these changes are affecting growth, investment and small business across the sector. It's important to dive deep to uncover solutions for our members and the industry at large.
If you tax something more, you will get less of it.Jocelyn Martin, Made to Build podcast
Jocelyn Martin is Managing Director of the Housing Industry Association (HIA), Australia's peak industry association representing businesses involved in residential building and renovating.
Jocelyn brings extensive experience in industry advocacy and policy, working with government and industry to address the issues affecting Australia's residential building sector.
Peter Burgess is Chief Executive Officer of the SMSF Association. With more than 30 years of industry experience, Peter is recognised as an authority on self-managed super funds (SMSFs) and government policy design.
He is a widely published author and media commentator on SMSFs and regularly contributes to discussions on policy and developments affecting the sector. Peter has also played a significant role in the development of SMSF education and professional standards and is an acclaimed contributor to the sector.
Laurie Cosentino is General Manager of Domaine Homes and has more than 30 years' of experience in the Australian residential building industry. He is a passionate advocate for increasing housing supply, improving affordability and delivering better outcomes for home buyers.
Laurie regularly contributes to industry discussions around planning reform, residential construction and the future of housing. Domaine Homes is a NSW project home builder specialising in affordable, design-led homes for first home buyers, growing families and investors. It is part of Campbell Property Group, alongside Clarendon Homes and CPG Estates.