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“While the decision to cancel the Games will be disappointing for regional communities and sporting, tourism and events bodies, the government’s commitment to retain part of the Commonwealth Games budget for the $1 billion Regional Housing Fund is welcome,” said Keith Ryan, HIA Executive Director, Victoria.
The announcement today of the $150 million Regional Worker Accommodation Fund is also positive news.
“Demand for regional housing will only intensify as Victoria’s population grows so the investment that is expected to deliver more than 1,300 new homes could not come at a better time.
“The Regional Housing Fund will be a welcome support for regional home builders who can contribute to their communities by growing the supply of housing and creating jobs as Victoria continues to grow.
“The Regional Worker Accommodation Fund will help to house the workforce required in regional Victoria and we look forward to consultation about the program design and eligibility requirements.
“Our regional members regularly report that lack of suitable housing is a major challenge to attracting workers to regional Victoria. This new Fund will help resolve that challenge,” concluded Mr Ryan.
HIA has lodged its submission to the Fair Work Commission's 2026 Annual Wage Review, supporting a 3.5% increase in the national minimum award wage rates, as the maximum the residential building sector can sustainably absorb.
Ahead of Monday’s meeting of National Cabinet, the Housing Industry Association (HIA) is calling on Commonwealth, State and Territory governments to provide immediate relief to the housing sector by adopting one simple, budget neutral principle: do no harm.
The NSW Government has confirmed that it will delay the adoption of the 2025 edition of the National Construction Code (NCC) until 1 May 2027.
The Housing Industry Association (HIA) has welcomed the Tasmanian Government’s Petroleum Reporting (Miscellaneous Amendments) Bill 2026, saying stronger fuel reporting rules will help protect builders, trades and households from global volatility.