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The HIA-CoreLogic Residential Land Report provides updated information on sales activity in 52 housing markets across Australia, including the six state capital cities.
“The release of the HIA-CoreLogic report has again highlighted that housing affordability is at an all-time low, and we need more shovel ready land as soon as possible to arrest the continued increase in land prices.
“The report is also a reminder that the NSW Government needs to take a serious look at stamp duty settings. With land prices this high, stamp duty is an even greater hurdle to buying a home.
“Stamp duty is an inefficient tax. It represents a significant additional cost that discourages the population moving to a more appropriate home that best suits their changing needs.
“HIA supports broad-based taxation that collects sufficient revenue to provide necessary government services.
“It is becoming rare for first home buyers to be able to access grants even in regional NSW. Current stamp duty exemptions and grants for first home buyers must be lifted to be reflective of home and land prices across both metropolitan and regional NSW.
“We need to make housing a priority across all levels of government before the great Australian dream of home ownership becomes nothing but a fantasy,” concluded Mr Armitage.
Notice is hereby given that the Annual Regional Meeting of Members of the Victoria Region of Housing Industry Association Limited will be held on Monday 16 February 2026 at HIA Cremorne Office – Level 1, 8 Gwynne Street, Cremorne, Victoria, 3121 commencing at 5.00pm.
The Victorian government has released today, on the stroke of Christmas for public consultation the draft regulations implementing parts of the Building Legislation Amendment (Buyer Protections) Act.
The Housing Industry Association (HIA) has congratulated the WA Cook Government on its strong economic management and decisive action to address housing supply challenges through the Mid-Year Budget Review.
“HIA is extremely disappointed with the Victorian government seeking to rush through their flawed buyer protection regulations during summer holidays,” stated HIA Victoria Executive Director, Keith Ryan.