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“The passage of the ‘Housing Australia’s Future Fund Bill 2023’ is an important step toward addressing the ongoing decline of housing affordability,” added Ms Martin.
“An inadequate supply of additional housing over many years is the reason why there is intense competition to secure housing. The intense competition is evident across the spectrum of the housing market.
“Tackling housing affordability starts with making the supply of housing a national priority and improving affordability can enable more households to own their own homes. ‘Housing Australia’s Future Fund Bill 2023’ is an important step toward achieving this goal.
“Private and social housing work hand in hand, the more homes on the private market mean cheaper rents for those that can’t afford to buy a house.
“The Bill will seek to create important advisory bodies such as the National Housing Supply and Affordability Council to advise Government on how to increase housing supply.
“All sides of politics should view the passing of the Housing Australia’s Future Fund Bill 2023 as the first step in a long journey to addressing affordability.
“It is important that the role of the Australian Government in addressing the affordability challenge continues to grow with the passage of this legislation,” concluded Ms Martin.
“The Victorian government’s approach to publishing housing targets for each council to achieve is a positive step but will not by itself improve housing supply or affordability” stated HIA Executive Director, Keith Ryan.
“Harnessing artificial intelligence to drive a once in a generation overhaul of planning systems across the country could be the circuit breaker Australia needs to deliver 1.2 million homes over next 5 years” said Sam Heckel HIA Executive Director, Planning & Environment.
The Housing Industry Association (HIA) has welcomed the latest ABS building approvals data for Tasmania, which shows a strong monthly increase in detached house approvals.
The Housing Industry Association (HIA) is pleased to announce Structerre Consulting as the headline partner of the 2025 HIA Western Australian Housing and Kitchen and Bathroom Awards.