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Building activity timeframes
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Taxation of housing and its impact on supply
Australia’s housing market is increasingly defined by a structural imbalance between strong underlying demand and persistently weak supply. While much of the policy focus has rightly centred on planning systems, land supply, infrastructure charging, and construction costs, taxation settings affecting housing investment have become a growing focus of public debate. Negative gearing and capital gains tax discount are frequently cited as primary drivers of housing affordability pressures.
A shortfall of 2 million homes
Australia’s housing affordability crisis is set to get even worse. This means the ‘catch up’ required will get even bigger.
Costs contained
There’s some good news that has flown under the radar in recent months with all the talk of inflation, interest rates and international developments around tariffs, trade wars and actual wars – and that is building costs.
Planning approvals, how much and how long...
HIA undertook a survey recently, for which there were 92 respondents across Australia, primarily new home and renovation builders, but also manufacturers, suppliers, trade contractors, developers and other industry participants.