{{ propApi.closeIcon }}
Our industry
Our industry $vuetify.icons.faArrowRight
Economic research & forecasting Economics Housing outlook Economic reports & data Tailored market research Advocacy & policy Advocacy Policy priorities Position statements Submissions News and inspiration Industry news Member alerts Media releases HOUSING Online
Business support
Business support $vuetify.icons.faArrowRight
Become an apprentice host Hire an apprentice Why host a HIA apprentice? Apprentice partner program Builder & manufacturer program Industry insurance Construction legal expenses insurance Construction works insurance Home warranty insurance Tradies & tool insurance Planning & safety solutions Building & planning services How can safety solutions help you? Independent site inspections Solutions for your business Contracts Online HIA Tradepass HIA SafeScan Advertise jobs Trusted support & guidance Contracts & compliance support Professional services Industrial relations Member savings Toyota vehicles The Good Guys Commercial Fuel savings See all
Resources & advice
Resources & advice $vuetify.icons.faArrowRight
Building it right Building codes Australian standards Getting it right on site See all Building materials & products Concrete, bricks & walls Getting products approved Use the right products for the job See all Managing your business Dealing with contracts Handling disputes Managing your employees See all Managing your safety Falls from heights Safety rules Working with silica See all Building your business Growing your business Maintaining your business See all Other subjects COVID-19 Getting approval to build Sustainable homes See all
Careers & learning
Careers & learning $vuetify.icons.faArrowRight
A rewarding career Become an apprentice Apprenticeships on offer Frequently asked questions Study with us Find a course to suit you Qualification courses Learning on demand A job in the industry Get your builder's licence Continuing Professional Development (CPD) Find jobs
HIA community
HIA community $vuetify.icons.faArrowRight
Join HIA Sign me up How do I become a member? What's in it for me? Mates rates Get involved Become an award judge Join a committee Partner with us Our initiatives HIA Building Women GreenSmart Kitchen, bathroom and design hub Get to know us Our members Our people Our partners Support for you Charitable Foundation Mental health program
Awards & events
Awards & events $vuetify.icons.faArrowRight
Awards Awards program People & Business Awards GreenSmart Australian Housing Awards Awards winners Regional Award winners Australian Housing Award winners 2023 Australian Home of the Year Enter online Industry events Events in the next month Economic outlook National Conference Events calendar
HIA products
HIA products $vuetify.icons.faArrowRight
Shop @ HIA Digital Australian Standards Contracts Online Shipping & delivery Purchasing T&Cs See all Products Purchase NCC 2022 Building codes & standards Economic reports Hard copy contracts Guides & manuals
About Contact Newsroom
$vuetify.icons.faMapMarker Set my location Use the field below to update your location
Change location
{{propApi.text}} {{region}} Change location
{{propApi.successMessage}} {{region}} Change location

$vuetify.icons.faPhone1300 650 620

Poor population forecasts compound housing supply problems

Media release

Poor population forecasts compound housing supply problems

Media release
“Australia’s population reached 26.8 million in September 2023, more than a decade ahead of the Australian Government’s forecast,” stated HIA Chief Economist, Tim Reardon.

The ABS today released its quarterly data on the population and components of change for Australia and its states and territories, covering births, deaths, and migration.

“The Intergenerational Report (IGR) in 2007 projected that Australia’s population would not reach 26.8 million until 2034/35,” added Mr Reardon.

“Underestimation of population growth is a systemic policy failure that compounds the challenge of delivering sufficient housing.

“The ABS projected the national population to reach 26.9 million by the mid-2024, a figure that had been exceeded by the time their announcement was released in November 2023.

“An investment in improving ABS data collection, especially around land and population, could have a greater impact on housing supply than other Australian government initiatives.

“State and local councils cannot be held solely accountable for under supplying homes, without clear guidance on population growth. This is not just a short-term problem emerging due to a spike in population after the pandemic.

“A core component of the Australian government’s initiatives to address the undersupply of housing, including delivering 1.2 million homes, is to invest in improving the quality of data around housing supply.

“An investment by the Australian government in improving the quality of housing data is an important component to addressing this systemic policy failure.

“This should focus on national reporting of land supply to enable performance benchmarking of local councils’ delivery of new homes. 

“Good policy decisions require good data".

IGR population forecasts (m)

Source: IGR 2023

Australia's Population Trajectory

Source: ABS

For more information please contact:

Tim Reardon

HIA Chief Economist
Latest articles
View all news $vuetify.icons.faArrowRight
18 Apr
BASIX transition - Modified or incomplete contracts are ineligible

Building contracts that have been modified or have information missing may be ineligible for the BASIX Transition.

16 Apr
Sales of new homes weak for the start of 2024

“The prospect of a pick-up in home building activity in 2024 is not likely given the low volume of new homes sales in the first three months of 2024,” stated HIA Senior Economist, Tom Devitt.

15 Apr
NSW confirms transitional period for engineered stone ban

On 26 March, HIA advised members that NSW will be adopting a transitional period for the use of engineered stone to ensure businesses can fulfill existing contracts with less disruption and uncertainty. Today, HIA has received the formal confirmation from SafeWork NSW acknowledging the significant impact the ban will have on the operations of businesses HIA represents and the engineered stone industry more broadly.

15 Apr
NT commercial licencing is now law

On 15 April 2024, the NT Government will enact the Building Legislation Amendment Bill 2024 addressing commercial registration. The rollout will occur over two stages and contains a significant transition period allowing practitioners time to become registered.