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The ABS today released its Building Activity data for the September quarter 2025. This data provides estimates of the value of building work and number of dwellings commenced, completed and under construction across Australia and its states and territories.
“Dwelling commencements in the 12 months to September 2025 increased by 11.2 per cent compared to the previous year to 184,460,” added Mr Tapang.
“The volume of home commencements remains below the 240,000 new homes per annum needed to build to the Australian Government’s target of 1.2 million homes over five years. They also remain below the average volume commenced over the past decade.
“These are positive signs that confirm our expectation that the number of homes commencing construction will see steady, not explosive, growth over the next couple of years.
“This growth is expected to come from a resurgence in apartment construction. Apartment construction remains well below the volume commencing construction a decade ago and is one of the of keys to increasing supply.
“In order to increase the supply of homes, governments need to help lower the cost of delivering new homes to market.
“Demand is not the challenge. Delivery is. Land supply, infrastructure timing, planning bottlenecks and workforce capacity will shape the 2026 experience more than interest rates.,” concluded Mr Tapang.
Before introducing another tax, another reporting requirement, another compliance obligation or another cost increase, HIA is calling on government ministers and policymakers to spend a day in the shoes of a small business owner.
The Housing Industry Association (HIA) has welcomed the Australian Government's $5 million pilot investment to support experienced tradespeople to become vocational education and training (VET) teachers, saying it addresses a longstanding challenge facing the construction training system.
Imposing registration and licensing on trades represents a significant impost, further degrading the capacity to deliver homes and other domestic building work. This submission, therefore, is not limited to responding to the Consultation Paper, rather, it addresses more broadly the significant risks that imposing registration and licensing on trades will have on the sector.
The Federal Government has announced that the Australian Taxation Office (ATO) will continue to accept credit card payments for tax liabilities until the end of the 2026-27 financial year, delaying changes that were previously due to take effect on 1 December.