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“To assist in this the Housing Industry Association (HIA) has released an assessment of housing policy announcements over the past two years and determined that South Australia, closely followed by Western Australia, have been the best at understanding the problem and initiating actions to improve the supply of homes.
“Despite these steps forward, neither South Australia nor Western Australia are on track to build the number of homes required to meet their contribution to deliver on the governments’ 1.2 million homes target,” said Mr King.
The HIA Housing Policy Scoreboard benchmarks each state and territory according to ten critical housing supply policies/mechanisms that are advantageous to the promotion of accelerated housing supply and ability to deliver against the National Housing Accord.
“South Australia and Western Australia both received scores significantly higher rankings, with decisive planning reforms, streamlined development approvals, and a strong focus on land release.
“At the other end of the spectrum ACT scored 4/10 and Northern Territory just 5/10 with their housing supply systems falling well short.
“This Report highlights the need for comprehensive policy reforms across planning and zoning, financial settings, taxation and skills development.
“Planning approvals need to be quicker in order to reduce the price of shovel ready land. The administrative processes required to bring land to market add significantly to the cost of a new house and land package, and new apartments,” concluded Mr King.
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
Housing Industry Association welcomes today’s announcement by the Cook Labor Government to review key aspects of the home building contracts legislation and provide the building regulator with additional powers to work with builders in distress.