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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.”
Despite the nation falling behind in its housing targets, the Federal Government has left apprentices and employers in limbo with uncertainty of funding beyond Christmas, says the Housing Industry Association (HIA).
“Home renovation activity nears record high, boosted by rising home prices and low unemployment,” stated Tim Reardon, HIA Chief Economist.
“Today is a great day for the housing industry in NSW with passage of the Planning System Reforms Bill 2025 through parliament,” said Brad Armitage, HIA NSW Executive Director.
Starting 1 July 2026, domestic building insurance (DBI) will only be available through the Building and Plumbing Commission (BPC), which has replaced the VMIA in providing this product.