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“The Housing Industry Association (HIA) calls on the newly elected Federal Government to make housing a first-order priority from day one, any delay or political grandstanding will only deepen the nation’s housing crisis,” HIA Managing Director Jocelyn Martin said today.
“A strong pipeline of new shovel-ready residential land at Mount Peter is fundamental to putting downward pressure on housing prices across the entire region,” said HIA Executive Director North Queensland, Peter Fry.
An increase of the strata building bond from 2 per cent to 3 per cent was due to take effect from 1 July 2025. In a win for the multi-residential construction industry, HIA has been advised that this increase will be deferred for a further 12 months, to 1 July 2026.
HIA and MiTek have joined forces to launch She Builds The Future – a program designed to inspire, educate and promote diversity in the residential building industry.