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“Development of the underutilised land in Bruce has been foreshadowed for many years. It is great to finally see a vision for the precinct,” said HIA Executive Director ACT and Southern NSW, Geordan Murray.
“The Master Plan for Bruce presents an enormous opportunity to create a vibrant mixed-use residential precinct with between 4,000 and 5,800 new homes.
“Anchored by major investments in community infrastructure, including the North Canberra Hospital, a new stadium, and potentially serviced by the extension of the light rail, new homes in the precinct would provide a unique offering the region’s housing market.
“Canberrans have become understandably cynical about the seemingly endless procession of strategies and visionary plans that do not include any timeline for delivery.
“The report identifies the possibilities. The next step must be for the Federal and ACT governments to agree on a viable pathway forward and provide a realistic timetable for delivery.
“That timetable should include early opportunities to release suitable land for housing.
“Bruce has the potential to become a genuinely integrated precinct where people can live close to employment, education, health services, sport and recreation facilities, while also providing an important link between Civic and the Belconnen Town Centre.
“The housing industry looks forward to working with both governments to help turn the vision for Bruce into homes, infrastructure and a thriving community,” concluded Mr Murray.
Residential building and its associated supply chains should remain exempt from the Framework and any related procurement obligations. Government efforts would be better directed towards improving productivity, reducing unnecessary regulatory burden, strengthening enforcement of existing workplace laws and supporting practical workforce initiatives that increase housing supply and workforce capacity.
The Queensland and Australian Governments have officially opened applications for the new $2.4 billion Infrastructure Activation Fund (IAF), providing grant funding and interest-free loans to help deliver the critical infrastructure needed to unlock new housing across Queensland.
The Housing Industry Association (HIA) has welcomed the launch of applications for Queensland's new $2.4 billion Infrastructure Activation Fund, describing it as a significant step towards unlocking more housing supply and supporting the delivery of thousands of new homes across the state.
The Housing Industry Association of Tasmania has urged the State Government to urgently progress their promised Development Assessment Panels, arguing the need has been made more urgent by the debate over the approval processes for data centres.