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Detached house approvals rose 11.9 per cent in 2025/26 to 2,488. Multi-unit approvals more than doubled, up 111.1 per cent to 247.
“These are encouraging numbers, but they’re rising off a low base,” said HIA Executive Director Tasmania, Benjamin Price.
“The lift in multi-unit approvals looks big in percentage terms because we started from so few. In real numbers we’re still nowhere near what we need to see supply meet demand.”
The June quarter was a genuine bright spot. Detached approvals rose 22.4 per cent over the quarter to 672, which is 46.4 per cent higher than the same quarter a year earlier.
“A strong quarter tells us the industry can respond when the conditions are right. Much of this has emerged likely thanks to momentum with interest rate cuts last year, turning up in Building Approvals data in early-to-mid 2026,” Mr Price said.
“The task now is turning approvals into homes people can actually live in. Approvals are the first step, not the finish line, and commencements still have ground to make up.”
HIA continues to call for planning reform and infrastructure investment to keep the pipeline moving.
“New home sales in Victoria dropped by 23.3 per cent in the September quarter 2026, reversing the hopeful improvement that was underway earlier in the year and returning to their depressed 2023-2024 levels,” stated HIA Executive Director, Keith Ryan.
“New home sales fell by 17.5 per cent in the September quarter 2026, reversing the recovery that commenced in 2025,” stated HIA Chief Economist, Tim Reardon.
HIA provided a response to the Consultation Draft National Silica-Related Diseases Research Strategy.
This week, the Queensland Government introduced legislation into Parliament to reform the state's workers' compensation scheme by specifically addressing the rising impact of psychological injury claims and fraud on the Scheme's long-term financial sustainability.