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“It is not only a plan to increase investment in new public and social housing. It also aims to improve the quality of housing data, coordination and planning across all tiers of governments and the formation of the National Housing Supply and Affordability Council,” added Ms Martin.
“This week the Prime Minister, Anthony Albanese MP, noted HIA’s support for the government’s initiatives that aim to see a million homes commence construction over the next five years.
“Mr Albanese also acknowledged “that the key to dealing with the housing issue is supply.””
"The housing crisis is a shared challenge across all tiers of government and the Housing Australia’s Future Fund Bill will provide the framework for reform. It is important the Opposition and the Greens do not delay in passing the Bill.
“HIA looks forward to working with the Australian, state and local Governments to ensure an increase in the supply of new homes,” concluded Ms Martin.
HIA has been calling loudly on the State Government to release more land for new housing, as it is a fundamental element in delivering new homes and supporting housing affordability.
Are you aware of the first home owners grant has been increased until 2026? Did you know grants are also available for existing homeowners when building new homes? Find out the latest on the HomeGrown Territory grant and FreshStart New Homes grant today.
“Victoria is behind Queensland, Western Australia and South Australia in HIA’s latest Housing Scorecard, reflecting a dramatic change in fortunes over the last five years,” stated HIA Executive Director Victoria, Keith Ryan.
This year’s State Budget has largely missed the opportunity to improve the environment for home building and contains negligible measures to increase housing supply, address housing affordability and lower the costs facing new home builders.