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HIA Executive Director Queensland Michael Roberts highlighted that the Draft SEQRP’s forecast 34,500 new homes commencing construction per year until 2046 would be insufficient to meet projected demand, let alone catch up on the current housing shortfall.
“In order to address the shortage of housing stock, there needs to be a substantial increase in the supply of new homes over and above what is already being delivered,” Mr Roberts said.
“In 2020/21 the government’s own figures report 34,500 new homes were approved in South East Queensland, and that clearly wasn’t sufficient to meet demand at a time when there was zero migration.
“This means that building homes at the same rate as we have in the past will sadly continue to exacerbate the acute shortage of homes for decades ahead.
“Planning to build the same number of homes in the future as we did in the past is not good planning.
“The only way to solve the housing crisis is to significantly increase the capacity within planning regimes and ensure an adequate supply of land for both green and brownfield development.
“The capacity of the industry to deliver this volume of homes will adjust if there is stable and reliable population and economic growth.
“But Queensland needs to plan for growth not ‘status quo’.
“It is important to acknowledge there are many elements of the draft plan that are progressive and will contribute to improving supply.
“In developing the draft plan, HIA pushed for and achieved changes to the plan’s direction on lowering minimum lot sizes, increasing targets for ‘dwellings per hectare’ net densities in new communities and pushing councils to make approval of multiple dwellings easier, relax car parking requirements and allow increased building heights.
“HIA welcomes the release of the Draft SEQRP and will continue to work productively with government to ensure the best possible outcomes can be achieved in the final plan,” Mr Roberts said.
The Housing Industry Association (HIA) has welcomed the Queensland Productivity Commission’s inquiry into federal environmental laws which have significant ramifications for the housing sector.
“New home sales increased by 17.0 per cent in the month of March despite the rise in the cash rate and fuel prices,” stated HIA Chief Economist Tim Reardon.
Australia’s residential building sector will come together later this week at the annual Housing Industry Association (HIA) National Policy Congress, at a pivotal time for the home building industry.
WorkSafe Victoria is continuing its blitz against builders who do not have adequate management and control procedures in place to address the risks of falls from heights.