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{{propApi.successMessage}} {{region}} Change locationMore taxes equals less homes
More taxes equals less homes
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“The reduction in the threshold for payroll tax will see more businesses pay this tax, which is a disincentive to expand and employ more people,” said HIA Executive Director for ACT & Southern NSW, Greg Weller.
“The 8% duty on all vehicles over $80,000 will be a real blow to builders and tradies, with typical work vehicles costing more than this threshold.
“Fees that are going up include commercial waste, the building levy, traffic management fees, construction licence fees and vehicle registration. Along with an increase in commercial rates, all of these will add to the cost of housing.
“The Health Services Levy will also be applied to any business that has an office or other premises in Canberra.
“We have concerns that these imposts combined will further encourage builders to relocate across the border.
“Earlier this year HIA released an independent report from the Centre for International Economics (CIE) that demonstrated almost half the cost of a house and land package is taxes, fees and regulatory costs.
“In the ACT the figure is 47%. These changes will not help that equation.
“We would have liked to see more support for business in the 2025/26 budget than this. You will never tax your way to a stronger economy,” concluded Mr Weller.
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Update on recent HIA advocacy activities
Over the past few weeks HIA has been advocating strongly on behalf of members on a range of policy and regulatory issues that have significant implications for housing supply, business confidence and the capacity of our industry to deliver the homes Australia needs.
Tasmanian builders shouldn't be shut out of housing work over union membership
The Housing Industry Association (HIA) has today written to the Tasmanian Government calling for a commitment that state-funded and state-partnered housing work will continue to be awarded on merit, not industrial arrangements, warning new federal procurement rules could shrink the pool of builders able to deliver the homes Tasmania needs.
Rushing Working from Home laws will only lead to more bungling
The Victorian Government continues to push ahead with its Working from Home laws despite the Housing Industry Association’s (HIA) call for it to abandon its proposed legislation, warning the changes would impose additional regulatory pressure on businesses already struggling and kill productivity.
Hobart named Australia's most restrictive city for planning
Hobart has been identified as the most restrictive capital city in Australia for planning, according to the Australian Zoning Atlas, which found 97 per cent of the city's residential land is subject to restrictions that limit new housing.