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“A key reason why the cost of government fees, charges and taxes has increased by $160,000 over the past five years, is the increased time it takes to gain approval to turn farmland into a residential suburb,” stated HIA’s Chief Economist, Tim Reardon.
“There were 168,050 new homes that commenced construction in 2024, which remains at its lowest levels in over a decade,” stated HIA Chief Economist Tim Reardon.
The decision on major changes for NCC 2025 has been delayed, but ABCB has published a minor update to NCC 2022 Amendment 1 which takes effect on 1 May 2025. The main purpose of this amendment is to correct errors and make updates to state and territory variations. Find out more.
The Housing Industry Association is supporting an ACT Government Bill to limit third party appeal rights in the Territory to improve the supply of public housing - but argues it should extend this approach to all similar housing projects.