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“New house building approvals were relatively steady in February 2026 at 9,950, the second highest monthly volume in over three years,” stated HIA Senior Economist Tom Devitt.
Proposed changes to negative gearing and capital gains tax would worsen Australia’s rental crisis by reducing the supply of housing and putting upward pressure on weekly rents, Housing Industry Association (HIA) Managing Director Jocelyn Martin said today.
The ongoing situation around fuel supply and pricing is continuing to evolve rapidly. These issues are impacting project timelines and the cost of materials through price increases and fuel or transport surcharges from suppliers. I acknowledge the difficulties this uncertainty creates for businesses across our industry.
This HIA workforce impact overview examines how a major, multi year infrastructure project would interact with an already constrained construction labour market. Drawing on HIA modelling, government data and industry insights, the report finds Tasmania’s construction workforce is operating close to full capacity, with limited ability to absorb additional demand without consequences for housing supply, costs and delivery timeframes.