Housing industry insights
Advocacy & policy
News & inspiration
Support & guidance
Member perks
Industry insurance
For your business
Apprentices
Building it right
Managing your business
Managing your safety
Building your business
Other subjects
A rewarding career
Study with us
A job in the industry
Grow with us
Our podcasts
Our initiatives
Get involved
Awards
Awards winners
Industry events
Most popular products
Top categories
For your business
{{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location {{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change locationHousing target shortfall an $11 billion black hole for states and territories
Housing target shortfall an $11 billion black hole for states and territories
Member and guest login
Enter your email and password to access secured content, members only resources and discount prices.
Did you become a member online? If not, you will need to activate your account to login.
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
Forgotten password
Need some help?
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
If the email address you have entered is registered, you will receive an email with further instructions.
Become part of the HIA community
Enables quick and easy registration for future events or learning and grants access to expert advice and valuable resources.
Create a guest account
Enter your details below and create a login
Send me exclusive tips, early access to new launches, and special offers. I can change my mind at any time.
By clicking Get started now you agree to the terms and conditions and privacy policy.
“Based on new home commencements for the first two years of the Housing Accord, Australia is now 94,980 dwellings behind the target,” said HIA Managing Director Jocelyn Martin.
“Not only does this equate to a significant shortfall in meeting the new homes target, but it also represents $45 billion in economic activity that the building shortfall would have generated had it occurred.
“Access to housing plays a fundamental role in ensuring that families and individuals can lead a balanced life and make a positive contribution to society and the economy. The shortfall of homes could have housed potentially 242,160 Australians based on average household sizes.
“In addition, what can’t be undersold is the economic activity that is generated by residential construction, creating jobs and benefits that flow throughout the economy.
“On top of this, governments generate significant revenue from taxation on housing. Where housing construction does not occur, the capacity of governments to generate revenue and deliver services to the community is diminished.
Using the shortfall against housing targets and reflecting state and territory taxation regimes, HIA estimates that nationally $2.8 billion of stamp duty and $8.2 billion of GST was not generated and collected during this two-year period.
“HIA has long voiced concern at the high level of taxation on housing, and this demonstrates how much government revenue the sector generates between these two sources alone.
“Rather than continue the trend to tax housing production more as a means to source more revenue for governments, this highlights the need to enact policy settings that support more housing delivery and therefore funding of more community services.
“To highlight this point, the estimates also had the housing targets as being met, additional taxation revenue could have funded the equivalent of 43,455 essential workers Australia wide over the two years.
“New housing is revenue positive to government, whereas additional taxation as we saw in this year’s Federal budget will only serve to reduce supply.
“While the building activity results for the June 2026 quarter showed improvement, this is more an indication of approvals and sales from 2025 and does not reflect the Budget changes with respect to housing taxation or interest rate rises this year – the effects of which we expect to become evident on the ground in 2027.
“With headwinds of potentially further interest rate rises and uncertainty caused by international events, this reinforces the need for governments and other policymakers to reduce the costs of land and housing if Australia is to meet its long-term housing needs,” concluded Ms Martin.
For more information please contact:
Abolition of Homes Tasmania
The Housing Industry Association (HIA) has welcomed the tabling today in Parliament of legislation to wind up Homes Tasmania as a statutory authority and transfer Government responsibility for building new homes back to the Department of Building Tasmania.
New trust tax would add growing pressure on small businesses
The Housing Industry Association (HIA) is warning that small businesses across Australia are facing mounting pressure from the combined impact of rising costs, economic uncertainty and an increasing number of regulatory and tax changes.
WA's Residential Design Codes review announced
Following extensive industry consultation, WA’s R-Codes are now advertised for public comment from Friday 23 October 2026.
K2 Built takes top honours at HIA ACT and Southern NSW Housing Awards
The ACT and Southern NSW residential building industry's finest homes, renovations, kitchens and bathrooms have been recognised at the 2026 HIA ACT & Southern NSW Housing and Kitchen & Bathroom Awards, held at Parliament House in Canberra on Friday evening.