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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 Housing Industry Association (HIA) welcomes the announcement of the new Ministerial cabinet, set out by the Prime Minister today, and in particular the expansion of the housing portfolio to take in the future cities planning and a separate special envoy focused on social housing and homelessness,” said HIA Managing Director, Jocelyn Martin.
Building approvals for dwellings in Canberra for the year to the end of March have shown some signs that the market may be turning the corner but still remain well below government targets.
“Australia has just seen its two weakest years of new home commencements in over a decade, meaning these ongoing shortages of skilled trades are not being caused by home building activity,” stated HIA Chief Economist, Tim Reardon.
“There were 48,620 new homes approved for construction in the first quarter of 2025, up by 20.8 per cent on a year earlier,” stated HIA Senior Economist Tom Devitt.