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In the three months to September 2025, 722 building approvals were recorded across the state (in original terms) – a 12.8 per cent increase compared to the same quarter a year earlier. This marks the strongest quarterly result since late 2023 and reflects renewed confidence in Tasmania’s housing market.
Executive Director Benjamin Price said the figures are a welcome boost for the industry and the broader economy.
“This increase in approvals is a clear indicator that Tasmania’s housing sector is gaining momentum,” Mr Price said.
“More approvals is a promising sign for more homes for Tasmanians, more jobs for local trades, and greater investment in skills and training.”
The growth in approvals comes as the Government has committed to triple the First Home Owner Grant, which will help more Tasmanians achieve the dream of home ownership.
“The best way to tackle housing affordability is to increase supply,” Mr Price said.
“Every new approval means more homes for Tasmanians and more opportunities for people to enter the market.”
“This growth in approvals shows confidence in the sector and is a critical step toward easing pressure on housing in Tasmania,” Mr Price said.
“We need to keep building – because supply is the solution.”
With Easter coming up it is time for an update on fuel price related cost increases, the proposed minimum financial requirements, and also some enforcement activity by WorkSafe.
Tasmania can deliver both the Macquarie Point Stadium and the homes the community urgently needs, but only if government adopts a clear and coordinated construction workforce strategy, according to the Housing Industry Association (HIA).
“New house building approvals were relatively steady in February 2026 at 9,950, the second highest monthly volume in over three years,” stated HIA Senior Economist Tom Devitt.
Proposed changes to negative gearing and capital gains tax would worsen Australia’s rental crisis by reducing the supply of housing and putting upward pressure on weekly rents, Housing Industry Association (HIA) Managing Director Jocelyn Martin said today.