{{ propApi.closeIcon }}
Our industry
Our industry $vuetify.icons.faArrowRight
Economic research and forecasting Economics Housing outlook Tailored market research Economic reports and data Inspiring Australia's building professionals HOUSING The only place to get your industry news Media releases Member alerts Submissions See all
Business support
Business support $vuetify.icons.faArrowRight
Become an apprentice host Hire an apprentice Why host a HIA apprentice? Apprentice partner program Builder and manufacturer program Industry insurance Construction legal expenses insurance Construction works insurance Home warranty insurance Tradies and tool insurance Planning and safety services Building and planning services How can HIA Safety help you? Independent site inspections Solutions for your business Contracts Online HIA Tradepass HIA SafeScan HR Docs Trusted legal support Legal advice and guidance Professional services Industrial relations
Resources & advice
Resources & advice $vuetify.icons.faArrowRight
Building it right Building codes Australian standards Getting it right on site See all Building materials and products Concrete, bricks and walls Getting products approved Use the right products for the job See all Managing your business Dealing with contracts Handling disputes Managing your employees See all Managing your safety Falls from heights Safety rules Working with silica See all Building your business Growing your business Maintaining your business See all Other subjects COVID-19 Getting approval to build Sustainable homes
Careers & learning
Careers & learning $vuetify.icons.faArrowRight
A rewarding career Become an apprentice Apprenticeships on offer Hear what our apprentices say Advice for parents and guardians Study with us Find a course Get your builder's licence Learn with HIA
HIA community
HIA community $vuetify.icons.faArrowRight
Join HIA Sign me up How do I become a member? What's in it for me? Get involved Become an award judge Join a committee Partner with us Get to know us Our members Our people Our partners Mates rates What we do Mental health program Charitable Foundation GreenSmart
Awards & events
Awards & events $vuetify.icons.faArrowRight
Awards Australian Housing Awards Awards program National Conference Industry networking Events Building and Renovation Home Show
HIA products
HIA products $vuetify.icons.faArrowRight
Shop @ HIA Digital Australian Standards Contracts Online Shipping and delivery Purchasing terms & conditions Products Building codes and standards Hard copy contracts Guides and manuals Safety and signage See all
About Contact Newsroom
$vuetify.icons.faTimes
$vuetify.icons.faMapMarker Set my location Use the field below to update your location
Address
Change location
{{propApi.title}}
{{propApi.text}} {{region}} Change location
{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location

$vuetify.icons.faPhone1300 650 620

Building approvals fell sharply during Omicron outbreak

Media release

Building approvals fell sharply during Omicron outbreak

Media release
“Building approvals fell by a remarkable 27.9 per cent in January 2022, as Omicron disrupted the record boom in home building,” stated HIA Economist Tom Devitt.

“Approvals for detached houses fell by 17.3 per cent and 43.6 per cent for multi-units. 

“This sharp fall in January can be attributed to staff shortages during the Omicron outbreak and a higher than usual uptake of holiday leave.

“There are no indications that home building activity is facing weak demand any time soon, despite temporary interruptions from the Omicron outbreak in January.

“The absence of Council workers, private certifiers and building business staff will have weighed on the ability to process approvals.

“We anticipate an above average volume of approvals will be reported in coming months as the impact of this disruption fades.

“Early indications are that home building bounced back as the Omicron wave abated and builders were able to return to work.

“There are more homes under construction at present than in any previous cycle and this will continue to grow until mid-2022.

“The elevated volume of homes approved, but not yet commenced construction, will ensure that January’s brief disruption won’t change builders’ busy schedule this year.

“The Reserve Bank has retained its ‘patient’ stance regarding its record low cash rate, as it waits for consumer behaviour to normalise, supply chain issues to ease and other international developments to emerge. 

“This will help ensure that the salient constraint on builders this year remains the price and availability of land, labour and materials, not weak demand,” concluded Mr Devitt.

In seasonally adjusted terms, total residential building approvals decreased in the last three months compared to the previous quarter in Western Australia (-21.0 per cent), New South Wales (-19.1 per cent), Victoria (-13.4 per cent), South Australia (-5.8 per cent), and Queensland (-5.7 per cent), while in original terms, increasing in the Northern Territory (+3.4 per cent), the Australian Capital Territory (+11.0 per cent) and Tasmania (+11.1 per cent). 

 
Latest articles
View all news $vuetify.icons.faArrowRight
28 Jun
Workers are still leaving Sydney and Melbourne and heading north

"A slow return of overseas migration is easing the adverse impact of a loss of workers from Australia’s two largest states,” stated Tim Reardon, HIA’s Chief Economist.

23 Jun
COVID-19 vaccination requirements to be lifted

The Victorian Government has announced a further lifting of COVID-19 restrictions in relation to vaccination requirements.

21 Jun
Certificate of Occupancy for houses suspended until 2024

The Certificate of Occupancy requirements for Class 1 buildings were suspended on 16 December 2021 to run until 30 June 2022.

21 Jun
Using a cost plus contract in Tasmania

This infosheet provides an overview of what cost plus contracts are, how they are used and how to avoid common issues. HIA has a Tasmania Cost Plus Contract for sale available for purchase through Contracts Online.

Population and residential building hotpots

Understand where the nation’s population growth and building hotspots are, so you can confidently plan for your future projects. Published annually.

HIA-COLORBOND® steel Housing 100

HIA-COLORBOND® steel Housing 100 2020/21

HIA Trades Report

Understand the availability of skilled trades and the costs associated on both a national and state level. Published quarterly.

HIA Kitchens and Bathrooms Report

Understand the current and future forecasts for the kitchen and bathroom industries. Published annually.

New home sales report

Understand the current new home sales and construction activity each month. Published monthly.

Housing Australia's future

Understand the future of housing in Australia with this comprehensive report on population and growth. Published annually.

HIA Trades Report

Understand the availability of skilled trades and the costs associated on both a national and state level. Published quarterly.

HIA Stamp Duty Watch

Understand the latest developments in stamp duty on home purchases. Published quarterly.