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{{propApi.successMessage}} {{region}} Change locationQLD President's report
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Sharon Piconi
HIA Queensland President
Our home building market is brimming with opportunity right now.
We have a growing population in Queensland, significant infrastructure investment and government incentives starting to come online.
We have a new government in Queensland, and we welcome all the opportunity for positive change that follows an election – change that that can be realised through developing and presenting solutions to current housing challenges.
HIA has worked hard on its relationships and lobbying, and is well placed to chalk up policy wins with the new government over the next four years.
At the end of October, HIA released some very encouraging economic information for members.
This data showed that housing approvals have increased significantly when compared to last year. We still need more homes built, but this is an indicator of growth in the near future. We are seeing more detached homes and more units approved.
HIA’s figures also show a settling of the cost increases we’ve seen in recent years for our materials.
We appear to be back to a more-normal rate of regular increase in cost for materials, at just one to two per-cent annually. We will of course continue to keep a close eye on costs, but it is great to see a level of stability back in materials supply and pricing.
Home builder members are telling HIA that they’ve now completed the pipeline of builds that led to instability and low profits during Covid, and that they are again making some money, and indeed we all need to be able to make a fair profit if we are to maintain a healthy industry and grow to build more homes in this state.
With a long-term under-supply of housing across all sectors, we have unique opportunity to cater to a diverse range of buyers, from first-time homeowners to luxury property seekers.
HIA has accomplished a lot over the past 12 months, supporting our industry.
The team in Queensland has helped to establish recognition that the National Construction Code changes in recent years have been burdensome, and that industry needs a break from the massive changes we’ve seen in recent years.
We had some great wins with lobbying in the lead up to the Queensland election in October.
A $2 billion housing infrastructure fund is to be created.
First home buyers will not pay stamp duty on new homes anymore, and the threshold has been increased for stamp duty concessions on family homes.
The new government has put on hold the BPIC union agreements that have stifled unit tower developments, and a new Queensland Productivity Commission is going to review productivity in the Building Industry as its first act.
The new Treasurer also has the job of Minister for Home Ownership to make it easier for Queenslanders to buy their home.
HIA has increased interaction and improved relationships with the QBCC, and we’ve seen some realignment and improvement in service delivery as a result – with personal access now more readily available to QBCC specialists, a new complaints mediation process, shorter complaints process timelines, and online access to applications and changes to licensing.
Our Queensland-based HIA technical, planning and contracts and compliance specialists have given tailored advice to hundreds of members to help them in their business.
Most recently HIA has been led discussions with Energy Queensland to solve a problem with electricity connections to terrace lot developments in Queensland.
These wins all represent your HIA membership at work, addressing issues, providing advice and information, and creating a smoother pathway for business success for all of us.