“Tasmania’s demand for housing has not been met with sufficient supply, resulting in significant undersupply of housing which warrants all levels of Government working together to get more slabs poured and in turn more people into new homes. 

“Therefore, today’s announcement on the ‘Homes Faster!’ package which features a range of measures and incentives to encourage new dwelling construction and off-the-plan purchases for homeowners; and incentivise multi-unit or apartment developments across the State is an important first step,” Mr Price said.

“Housing construction and development is burdened by statutory and regulatory costs, impeding affordability for homeowners and slowing and delaying development. At the end of the day, consumers and homeowners bear these costs.

“Policies like that announced today on the ‘Homes Faster!’ will go a long way in easing these pressures for Tasmanians, while importantly encouraging development and residential construction. 

“We would also further support additional improvements, including meaningful planning regulatory reform, to streamline subdivisions within existing communities, and improve the process for the approval of townhouses or low-rise apartments in established suburbs.

“HIA will continue to encourage all parties to focus on election commitments and policies to prioritise incentives and support for the residential construction sector and growing the construction workforce,” Mr Price concluded.

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