{{ propApi.searchIcon }}
{{ propApi.closeIcon }}
Our industry
Our industry $vuetify.icons.faArrowRight
Housing industry insights Economics Insights Data & forecasts Tailored research & analysis Advocacy & policy Advocacy Policy priorities Position statements Submissions News & inspiration Industry news Member alerts Media releases HOUSING Online
Business support
Business support $vuetify.icons.faArrowRight
For your business Contracts Online Safety systems & solutions HIA SafeScan Member perks Toyota vehicles The Good Guys Commercial Ampol fuel savings See all Industry insurance HIA Insurance Services Construction works insurance Home warranty insurance Tradies & tool insurance Apprentices Why host a HIA apprentice? Hire an apprentice Value for money Support & guidance Contracts & compliance support Building & planning services Australian Standards
Resources & advice
Resources & advice $vuetify.icons.faArrowRight
Building it right Building codes National Construction Code Australian standards Getting it right on site See all Building materials & products Concrete, bricks & walls Getting products approved Use the right products for the job See all Managing your business Dealing with contracts Handling disputes Managing your employees See all Managing your safety Safety rules Working with silica See all Building your business Growing your business Communication for your business See all Other subjects Getting approval to build Sustainable homes See all
Careers & learning
Careers & learning $vuetify.icons.faArrowRight
A rewarding career Become an apprentice Apprenticeships on offer How do I apply? Frequently asked questions Study with us Find a course to suit you Qualification courses Learning on demand Professional development courses A job in the industry Get your builder's licence Continuing Professional Development (CPD) Further your career
HIA community
HIA community $vuetify.icons.faArrowRight
Grow with us Sign me up Become a member Member benefits Mates rates Our podcasts Made To Build Built Different HIA Building Australia Building the Hunter Our initiatives HIA Building Women Charitable Foundation GreenSmart Kitchen, bathroom & design hub Get involved Become an award judge Join a committee Meet our members Partner with us
Awards & events
Awards & events $vuetify.icons.faArrowRight
Awards Awards program People & Business Awards GreenSmart Australian Housing Awards Awards winners Regional Award winners Australian Housing Award winners 2026 Australian Home of the Year Industry events Events in the next month Economic outlook National Conference Events calendar
HIA shop
HIA shop $vuetify.icons.faArrowRight
Most popular products National Construction Code Vol 1 & 2 Waterproofing wet areas AS 3740:2021 HIA Guide to Waterproofing HIA Guide to NCC Livable Housing Provisions Top categories Building codes & standards Contracts & documents Guides & manuals Safety products Signage For your business Contracts Online Digital Australian Standards Digital Resource Library Forecasts & data
About Contact Newsroom
$vuetify.icons.faTimes
$vuetify.icons.faMapMarker Set my location Use the field below to update your location
Address
Change location
{{propApi.title}}
{{propApi.text}} {{region}} Change location
{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location

$vuetify.icons.faPhone1300 650 620

1 million houses: the foundation for more affordable housing for all

Media release

1 million houses: the foundation for more affordable housing for all

Media release
Today’s federal Budget commitment to a national aspirational target of 1 million new homes over 5 years is the first step in setting a housing benchmark that can be measured, monitored and delivered, says HIA.

“Labor’s first budget shows leadership to tackle Australia’s housing supply and affordability challenges for all Australians,” said Graham Wolfe, HIA Managing Director.

“Importantly, this target provides a necessary indicator to governments at all levels, that priority action is needed should housing supply fall below 200,000 new homes each year. 

HIA’s forecasts show that this situation is playing out right now – with around 196,000 new homes predicted to start in 2022 and 2023, falling to around 185,000 in 2024 and 2025. 

“Year on year housing supply shortfalls, as we’ve seen for most of the last two decades, inevitably add pressure to Australia’s housing challenges. 

“For every year that Australia doesn’t deliver enough new homes to meet demand across the housing continuum, we will see a negative impact on both housing affordability and rental affordability. 

“HIA has consistently advocated for the federal government to play a leadership role in achieving stable housing supply, year on year, in all forms and for all tenures. 

“HIA welcomes the opportunity to be part of the Housing Accord and identify ways to maintain a stable level of housing supply across the housing continuum, putting housing supply front and centre. 

“A structural improvement in housing affordability can only be achieved for all Australians if the supply of housing is sufficient to meet the needs of the whole community. 

“The Budget commitment of $10 billion to create the Housing Australians Future Fund which aims to deliver 30,000 social and affordable rental homes, has the capacity to bridge the housing deficit. The addition of a further 10,000 affordable homes in tonight’s Budget is an important extension of this commitment. 

“HIA also welcomes the Budget commitment to progress the Government’s other key housing initiatives. Housing Australia must be a central agency responsible for delivering integration of the Commonwealth’s housing policies to improve the supply of social housing, affordable rental housing and private market housing. 

“HIA looks forward to the formation of the National Housing Supply and Affordability Council. The Council must steer Housing Australia in the collection and reporting of housing data that shines a light on our progress towards the target of 1 million new homes. 

“The Government’s housing commitments in the Budget tonight clearly recognise HIA’s call during the federal election to make housing a national priority.  

Read HIA's Budget overview

For more information please contact:

Joe Shanahan

Manager, Communications & Media
Latest articles
View all news $vuetify.icons.faArrowRight
26 Jun
Changes to HIA Victorian domestic building contracts - what you need to know

From 1 July 2026 changes to domestic building warranty insurance will take effect. These changes require HIA to revise its suite of Victorian domestic building contracts to meet the new requirements.

26 Jun
Negative gearing, CGT and SMSF changes should have been red carded

The Housing Industry Association (HIA) has called the passage of changes to negative gearing, capital gains tax (CGT) and self-managed super fund (SMSF) investment rules a major setback for housing supply, warning the measures should have been ‘red carded’ before being legislated.

26 Jun
Queensland Budget 2026-27: summary for building, construction and development

The Courier Mail described the budget as being as bland as the chive and onion muffins served to those who ventured into the budget lock down but concluded while the budget was hard to love it was also hard to hate.

25 Jun
Buyer Protection laws start 1 July 2026 – what you need to know

The new Buyer Protection laws will start on Wednesday, 1 July 2026 after an extraordinarily challenging process with numerous last-minute changes. HIA is providing this Member Alert to help members navigate the key ‘need to know’ on these new laws, with more detailed material to follow.