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The Housing Statement needs to include a mixture of measures to increase the supply of housing and provide confidence to all segments of the housing industry that they have a bright future.
Ahead of the release of the Housing Statement, HIA has written to the Victorian Ministers for Planning, Housing and Consumer Affairs outlining the six priority areas where reform is needed most to provide confidence and certainty to builders and homeowners.
With recommendations developed by HIA members representing the diversity of Victoria’s residential building industry, HIA’s Action Plan: More Houses for More Victorians identifies the six priority areas industry is looking to the Victorian Government to address in the Housing Statement. They are:
HIA acknowledges the Victorian Government has prioritised housing reform. HIA’s Action Plan is designed to spur this focus and encourage a whole of government approach to addressing housing supply and demand challenges that improve housing affordability and expand housing choice. Doing so will raise economic prosperity, individual wellbeing, and community liveability.
The Bureau of Meteorology has officially forecast Tropical Cyclone Fina to reach Category 3 intensity. There is a Cyclone warning currently in place for Top End coastal communities, including Darwin. Strong gale winds and rain are expected, as well as storm surge or tides.
“The volume of new homes sold in Australia fell by 9.0 per cent in the month of October 2025 but remains at a three-year high,” stated HIA Chief Economist, Tim Reardon.
Opening statement by Simon Croft, Chief Executive Industry & Policy
The ACT has earned the unenviable title of ranking last in the nation for housing supply, according to the latest Housing industry Association (HIA) quarterly national scorecard.