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{{propApi.successMessage}} {{region}} Change locationHousing industry welcomes budget focus on housing supply and delivery
Housing industry welcomes budget focus on housing supply and delivery
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“Housing supply and affordability remains the biggest challenge for Western Australians, not only to help people now but also to help the state manage our future population growth,” said Michael McGowan, Executive Director WA.
“HIA estimates that Western Australia will have to build 10 per cent of the one million homes proposed by the Federal Government’s national Housing Accord over the next five years. That equates to 20,000 homes per year, yet currently we only have a workforce completing 14,000 dwellings per year.
“In 2023 the residential building industry’s biggest barrier to improving housing supply and affordability continues to be the shortage of skilled labour.
“The Government’s investment of $11 million to support skilled migration and its continued support of apprentices in this budget is an important step in the right direction to improve labour supply.
“The Government’s $511 million investment in social and affordable housing program is also extremely welcome.
“Social and affordable housing has suffered from a prolonged under-investment. Greater investment in new housing that services this part of the market can assist in reducing the number of households experiencing housing stress.
“The current constraints in the housing market are creating a growing divide between social housing and affordable rentals.
“If housing affordability is to be improved, we must see further collaboration between all levels of government and industry, with a concerted focus on increasing the housing supply,” concluded Mr McGowan.
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Demand for housing continues to outpace supply
“The ongoing influx of overseas migrants has pushed Australia’s population beyond 27.5 million in the first quarter of the year,” stated HIA Chief Economist, Tim Reardon.
HIA welcomes Planning System reform
“The Housing Industry Association welcomes the Premier’s announcement today of the NSW Planning System Reforms Bill 2025,” said Brad Armitage, Executive Director NSW.
Victoria’s Housing Statement – planning reforms not enough
“The Victorian government’s Housing Statement is almost two years old and while a number of significant planning reforms have been introduced the housing target of 800,000 will not be met as homes need to be built and not just planned,” stated HIA Executive Director Victoria, Keith Ryan.
It’s time to move from planning to doing
The Housing Industry Association (HIA) has tabled its submission calling on the Federal Government to act swiftly on the Productivity Commission’s Five Pillars reforms to lift productivity and unlock new housing supply.