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The ABS today released its Building Activity data for the December 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.
“This brought multi-unit starts in the 2025 calendar year to 30,680, which is 46.5 per cent higher compared to the previous year,” added Mr Armitage.
“Policy measures have been undertaken in recent years which have in turn helped boost the volume of apartment starts in Greater Sydney.
“This includes the State Government’s $1 billion Pre-sale Finance Guarantee, changes to planning legislation, the establishment of the Housing Delivery Authority (HDA) and the NSW Housing Pattern Book.
“Detached housing starts also increased by 9.0 per cent in the December quarter 2025, to 6,260.
“This brought detached starts in 2025 to 22,210, which is 2.6 per cent higher than the previous year.
“In order to get to the State’s share of the National Housing Accord of 377,000 new homes over five years, the volume of new apartment starts needs to continue to increase.
“Policies that lower the cost of delivery and guarantee certainty will help boost the volume of new homes commencing construction in the state,” concluded Mr Armitage.
The Victorian Premier, Jacinta Allan, has today announced a new Cabinet following the announcement earlier this week that several long-time MPs will retire from the Ministry and the Parliament at the end of the year.
The Housing Industry Association (HIA) congratulates Nick Staikos on his appointment as the new Victorian Minister for Housing and Building and suggests he gets an early win on the board by immediately announcing a delay to the implementation of National Construction Code (NCC) changes due to commence on 1 May 2026.
The Housing Industry Association (HIA) has welcomed the Queensland Productivity Commission’s inquiry into federal environmental laws which have significant ramifications for the housing sector.
“New home sales increased by 17.0 per cent in the month of March despite the rise in the cash rate and fuel prices,” stated HIA Chief Economist Tim Reardon.