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“The release of the Productivity Commissioner, Peter Achterstraat’s paper Building More Homes Where People Want to Live reinforces the need for turbocharging housing supply in NSW and particularly Sydney”, says HIA NSW Executive Director, David Bare.
“The paper highlights that the best way to make housing more affordable is to build more homes and this requires more efficient land use in Sydney. This means higher density housing to deliver greater supply and improved affordability. Whether that be more apartments closer to the CBD and transport hubs, or low-rise medium density housing types in existing suburbs. It is the first of a number of papers to be released by the Productivity Commission on the housing supply crisis facing the state.
HIA has long advocated for medium density housing in areas where high density is not an option and was instrumental in the development of the State’s Low Rise Housing Diversity Code. However, this code has struggled against backlash from councils for years. It is refreshing that the paper highlights the need to build more townhouses, dual-occupancy dwellings and granny flats.
We need more supply in all forms of housing, be it apartments, medium-density, or greenfield detached housing. The challenge is ensuring that the settings are in place to deliver.”
“Adelaide, Brisbane and Perth are seeing residential land values grow at a rapid rate, while Sydney and Melbourne’s values remain relatively stable,” stated HIA Senior Economist Matt King.
Plumbing and drainage inspections in the Huntlee and North Rothbury areas are moving from Cessnock City Council to Building Commission NSW.
The BASIX Transition period for eligible signed building contracts will end on 30 September 2024. BASIX Certificates must be generated by this date to apply the pre-1 October 2023 BASIX standards.
“As the number of new homes under construction continues to decline builders are reporting fewer difficulties scheduling skilled trades workers on their jobs, although availability of skilled workers remains worse than prior to the pandemic,” stated Geordan Murray, HIA Executive Director – Future Workforce.