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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.
“Adelaide, Brisbane and Perth are seeing residential land values grow at a rapid rate, while Sydney and Melbourne’s values remain relatively stable,” stated HIA Senior Economist Matt King.
Plumbing and drainage inspections in the Huntlee and North Rothbury areas are moving from Cessnock City Council to Building Commission NSW.
The BASIX Transition period for eligible signed building contracts will end on 30 September 2024. BASIX Certificates must be generated by this date to apply the pre-1 October 2023 BASIX standards.
“As the number of new homes under construction continues to decline builders are reporting fewer difficulties scheduling skilled trades workers on their jobs, although availability of skilled workers remains worse than prior to the pandemic,” stated Geordan Murray, HIA Executive Director – Future Workforce.