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Australia’s residential building industry has entered the new year with confidence still on shaky ground for small businesses as rising costs and policy uncertainty continue to cloud the outlook.
Tasmania’s housing market slowed in November, with building approvals falling sharply compared to October. Approvals for new homes dropped almost 20 per cent, and even after seasonal adjustment, the decline was 5.8 per cent.
Australia’s home building industry is expected to strengthen through 2026, supported by gradually improving building approvals and a recovery in demand, but the pace of growth will ultimately depend on how quickly interest rates can fall further, according to the Housing Industry Association.
The Housing Industry Association (HIA) has today expressed concern that the Tasmanian Government appears to have walked away from a key election commitment to accelerate the finalisation of Regional Land Use Strategies.
The housing industry and home owners are set to benefit from the Federal government’s budget. There will be an increase in placements for the Home Guarantee Scheme and extensions to the Indigenous Home Ownership Scheme and apprentice commencements.
Put your projects in the spotlight at the 2026 HIA SA Housing and Kitchen & Bathroom Awards.
There’s more to a round of golf at a HIA Golf Day than just a relaxing hit of the ball. Catch up with industry friends or make new ones in an enjoyable environment.
Learn the latest residential construction trends at our State of the Nation. Make better business decisions after hearing key presenters from HIA’s Economics as well as guest speakers.
Join industry leaders at State of the Nation 2026 to uncover key economic, policy, and market trends shaping residential construction. Get expert insights to refine your strategy and stay competitive in a changing market.