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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
“The Government has not balanced the goal of stable and reliable migration pathways with the removal of restrictions on new home building necessary to meet demand,” stated HIA Chief Economist, Tim Reardon.
The Housing Industry Association (HIA) has welcomed the announcement by the Canberra Liberals that it will develop Kowen Forest if elected and calls on other parties and candidates to make the same commitment.
One of the founding members of the HIA Wagga Wagga Branch, Anthony (Tony) Balding, has been awarded life membership of the organisation during the Riverina Housing Awards on Friday 13 September.
“Today’s commitment by Minister Watt to use the National Construction Industry Forum as a conduit through which to move the building and construction industry away from the longstanding and recently high-profile allegations of lawlessness is a further positive move by the Government,” said HIA Managing Director Jocelyn Martin.