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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.
From 1 July 2026 changes to domestic building warranty insurance will take effect. These changes require HIA to revise its suite of Victorian domestic building contracts to meet the new requirements.
The Housing Industry Association (HIA) has called the passage of changes to negative gearing, capital gains tax (CGT) and self-managed super fund (SMSF) investment rules a major setback for housing supply, warning the measures should have been ‘red carded’ before being legislated.
The Courier Mail described the budget as being as bland as the chive and onion muffins served to those who ventured into the budget lock down but concluded while the budget was hard to love it was also hard to hate.
The new Buyer Protection laws will start on Wednesday, 1 July 2026 after an extraordinarily challenging process with numerous last-minute changes. HIA is providing this Member Alert to help members navigate the key ‘need to know’ on these new laws, with more detailed material to follow.