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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.
The residential building industry has welcomed today’s pragmatic decision by Minister Steel to limit third party appeal rights in the ACT to improve the supply of public housing - but now is the time to extend this approach to all similar housing projects.
Building approvals for houses in Canberra have hit yet another a new low, with 2024 recording the lowest number for a twelve-month period (680) since records were first published in 1970.
The NSW Government has recently published amendments to the Environmental Planning and Assessment Regulation 2021 and the Environmental Planning and Assessment (Development Certification and Fire Safety) Regulation 2021. The changes include the deferral of some fire safety requirements and a range of housekeeping amendments.
“Residential building approvals in 2024 increased from the decade low seen in 2023 but were nowhere near the levels needed to meet underlying demand for housing,” stated HIA Economist, Maurice Tapang.