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“By increasing taxes on foreign investors, we are hampering the state’s ability to increase the supply of housing to meet the record level of migration.
“In addition to paying more than double the amount of Stamp Duty in Queensland compared to domestic investors, they have also seen an increase in costs from the Australian Government in recent years.
“The acute housing shortage in Queensland will continue to deteriorate if investment in new housing continues to attract more taxes and charges.
“We want to attract more investment to Queensland, especially into apartment construction in the SEQ, not tax it away.
“Foreign investors are not competing with first home buyers or forcing up house prices. Quite the opposite.
“Foreign investors can only buy new homes, not established homes. They cannot take the apartments oversees with them, and therefore are increasing the stock of housing.
“For this reason, they have a critical role in increasing the supply of new housing, especially apartments in SEQ.
Mornington Peninsula-based builder G.E.M Taylor Constructions has won the prestigious HIA Eastern Victoria Home of the Year award for a striking, grand and complex project in Flinders. The result was announced at the 2025 HIA Eastern Victoria Regional Housing Awards, presented by Tradelink, held at Cape Schanck on Friday night.
The most exceptional homes in Western Australia’s South West, Great Southern, and Mid West regions were recognised on Saturday 13 September 2025 at the 2025 HIA Regional Western Australian Housing Awards presented by Wespine.
Lancaster Homes have won the 2025 HIA Riverina Home of the Year for their remarkable project Nero - a bold two-level home set on a steep suburban block, that combines off-form concrete and Shou Sugi Ban timber to dramatic effect.
The passage of the Domestic Building Contracts Amendment Bill 2025 by the Victorian Parliament represents an important step forward for the regulation of residential building contracts. Although further reforms are necessary, these changes implement some measures the HIA has long advocated.