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“Confirmation that Project Trust Account requirements will not be extended lower than the current $10 million contract threshold is a hugely welcome relief for small building and trades businesses. Many would not have coped with the extra burden on their business that was going to be mandated in a month’s time, and it certainly would not have helped to build more homes” Mr Roberts said.
“Abolishing complicated financial reporting for around 50,000 smaller businesses working to build and improve Queensland homes will also make wading through the red tape easier.
“HIA is also looking forward to working closely with the new government to further streamline business requirements through an upcoming review of the operations of the QBCC, through setting clear construction code adoption timeframes, and through the introduction of mandatory statewide housing codes - all confirmed today as planned future actions of the Crisafulli government,” Mr Roberts said.
“For industry to deliver the 50,000+ homes we need to build in Queensland each year, all cylinders have to be firing in home building. We need more detached homes, more multi-residential projects including duplexes, triplexes, townhouses, terraces and small unit blocks, and we need more unit towers to go ahead as well.
“To all those who would get in the way of new home-focused developments and approvals, we need to keep on repeating HIA’s new mantra - Sorry, but we need to build more homes,” concluded Mr Roberts.
The Victorian Housing Industry Association (HIA) takes this opportunity to make a submission ahead of the 2026-27 State Budget.
“Access to skilled labour deteriorated further, across almost all regions and all trades, as the number of homes under construction grew in the March quarter this year,” stated HIA Senior Economist Tom Devitt.
Industry was recently advised that a preview of NCC 2025 was published, and will be available for adoption from 1 May 2026.
Saturday 25 April is Anzac Day and is an observed public holiday. In addition, Monday 27 April has also been gazetted as a public holiday in NSW and the ACT this year.