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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.
Clarence approved more new homes than any other council in Tasmania over the past year, figures released yesterday by the Australian Bureau of Statistics show.
The new Minimum Financial Requirements (MFR) for Victorian home builders started on Wednesday, 1 July 2026.
The Housing Industry Association (HIA) welcomes the Northern Territory Government's release of the NT Housing Strategy 2026-2030, describing it as another positive step towards addressing one of the Territory's most significant economic and social challenges.
The Housing Industry Association (HIA) has welcomed the Northern Territory Government's release of the Housing Strategy 2026-2030, describing it as an important step towards addressing the Territory's housing shortage and supporting long-term economic growth.