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"From today it gets harder for Australia to build the 1.2 million homes governments have committed too," said HIA Chief Economist, Tim Reardon.
Clarence approved more new homes than any other council in Tasmania over the past year, figures released yesterday by the Australian Bureau of Statistics show.
The new Minimum Financial Requirements (MFR) for Victorian home builders started on Wednesday, 1 July 2026.
“The median price of residential land eased by just 0.4 per cent in the March quarter to $403,570, but remains 8.7 per cent higher than a year earlier, growing more than twice as fast as consumer prices and almost three times faster than wages,” stated HIA Senior Economist Tom Devitt.