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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.”
The WA Cost Plus Contract has been updated to improve clarity, accuracy and usability for builders. Changes include revised contract schedule items, updated document references and a new clause covering contract interpretation and document precedence.
HIA provided additional feedback regarding the SRG proposal papers for construction, falls and infringement offences.
The Housing Industry Association (HIA) makes the following submission to the Treasurer and the Department of Treasury to inform deliberations ahead of the 2026-27 South Australian Budget.
“The Housing Industry Association (HIA) welcomes the ambition of the Coalition’s Budget in Reply handed down tonight, including measures that support business investment, improve productivity and boost housing supply,” said HIA Managing Director Jocelyn Martin.