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{{propApi.successMessage}} {{region}} Change locationRecord spend on affordable housing in ACT Budget
Record spend on affordable housing in ACT Budget
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“The package of measures primarily focuses on increasing the supply of social, community and rental housing to improve affordable housing options in the Territory.
“This is a commendable commitment by the ACT Government. It recognises the need for ongoing investment in housing supply and acknowledges the significant shortfall of all forms of housing, but particular housing to support those in our community under the greater housing stress.
“During the Budget briefing HIA highlighted that whilst this is an important initiative, the Government needs to ensure the program does not add more pressure on current labour and supply shortages the housing industry continues to face.
“The ACT Budget also needs to look at complementary policies to this Housing Package, that address the long term skill shortages in the industry. We must continue to bring more apprentices and skilled workers into the industry in the Territory.
The Budget also highlights that over the next five years the ACT Government will release a range of greenfield and infill residential development sites providing capacity for more than 16,000 dwellings.
“Whilst this is a good start, HIA will continue to advocate for increasing the supply of shovel ready, affordable land to keep pace with the current demand for new homes and our expected population growth over the next 2-3 years,” concluded Simon Croft.
For further information please contact:
Simon Croft, HIA Acting Executive Director ACT/Sthn NSW 0417 032 160
Population data highlights contradiction in government policy
“Australia’s population reached 27.4 million by the end of 2024, up by 445,900 people, or 1.7 per cent for the year,” stated HIA Senior Economist, Tom Devitt.
Tasmanian Election - Stadium or no stadium we still need housing
The Tasmanian election that no-one wanted to have is in full swing, and while the limited campaign period is unlikely to provide the usual platform to promote key policies and reforms, HIA is calling on both major parties to prioritise housing policies given the significant challenges across the state.
‘Getting Keys in Doors’ shouldn’t be this difficult
“Our dated and complex planning system is littered with speed bumps that could easily be removed”, said Brad Armitage, HIA NSW Executive Director.
New home building contract laws welcomed by HIA
“The Victorian government’s proposal to update home building contract laws to make them fit for use in the 21st century is welcomed by HIA,” stated HIA Executive Director, Keith Ryan.