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{{propApi.successMessage}} {{region}} Change locationSouth Australia tops ranking of housing policy announcements
South Australia tops ranking of housing policy announcements
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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.
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