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{{propApi.successMessage}} {{region}} Change locationWorkers are still leaving Sydney and Melbourne and heading north
Workers are still leaving Sydney and Melbourne and heading north
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“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.
“In 2021, more than 54,700 residents left NSW and Victoria as the COVID exodus to the regions continued. In the final quarter of 2021 however, the number of overseas arrivals more than offset this loss of inter-state migration.
“The loss of resident population in NSW and Victoria in the final quarter of 2021, has seen a growth of population in all other states and territories, except for the Northern Territory.
“Most notable, more than 50,000 new residents moved to Queensland in 2021.
“This remarkable ongoing shift in the location of the resident population has been a significant driver of the acute shortage of rental accommodation in Australia.
“With the return of overseas migration, Australia’s annual population growth has started to recover from the COVID shock with the resident population increasing by 0.50 per cent in 2021. This is compared to an average growth in the decade prior to COVID of 1.54 per cent.
“A stable and reliable migration pathway for skilled workers is central to a strong, and growing, national economy.
“The release of the initial 2021 Census data today also includes the number of unoccupied homes in Australia.
“Unoccupied dwellings have consistently made up around 10% of dwellings in Australia in the past 35 years.
“The 2021 Census shows that 10.1 per cent of dwellings were unoccupied on census night in 2021. The two main reasons for a dwelling being unoccupied were that it was a holiday home, or the residents were absent on Census night.
“This is not evidence of an under-utilisation of housing stock, but an indication that on any given night of the week, some households are on holiday,” concluded Mr Reardon.
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Implementing carpentry registration and licensing Consultation Paper
Imposing registration and licensing on trades represents a significant impost, further degrading the capacity to deliver homes and other domestic building work. This submission, therefore, is not limited to responding to the Consultation Paper, rather, it addresses more broadly the significant risks that imposing registration and licensing on trades will have on the sector.
Government delays ATO credit card payment changes
The Federal Government has announced that the Australian Taxation Office (ATO) will continue to accept credit card payments for tax liabilities until the end of the 2026-27 financial year, delaying changes that were previously due to take effect on 1 December.
Government provides breathing space for builders and tradies on ATO credit card ban
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HIA Victoria not failing housing targets as badly as others is not success
The Housing Industry Association (HIA) says the Victorian results in the HIA National Housing Accord Update released yesterday, while not as poor as some other states, highlight the urgent need for a reset in housing policy after the upcoming state election.