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“Builders across the country highlighted that the impact of a never-ending cascade of further regulations, complex building codes and WHS changes, taxation rules and business compliance obligations are all acting as significant barriers to the delivery of more homes.
“Not only are these new and continually changing rules making it difficult for businesses they are adding significant upfront costs which impact homeowners particularly first homebuyers who are already struggling to get into the housing market.
“HIA is calling on all levels of Government to re-set and place a pause on any substantial new regulations and let industry get on with building the 1.2 million much - needed homes in conjunction with the National Housing Accord over the next 5 years.
“The industry wants to see a ‘whole of Government commitment’ across Federal, State and Territory and Local Government to come together and recognise their critical role in the supply of more homes that Australia urgently needs.
“Consultation with industry is needed across planning, skills, immigration, safety and compliance to ensure barriers are removed, transitions are well planned and solutions are fit for purpose.
“The building industry is ready and willing to deliver the 1.2 million homes over the next 5 years, but we need the right policy settings across all sectors of Government to enable the industry to deliver on these much needed homes,” concluded Ms Martin.
The final content of NCC 2025 has been released today as a ‘preview’ by the Australian Building Codes Board (ABCB) on its website ahead of potential adoption later this year in most states and territories.
The Northern Territory Government has announced the extension of the $50,000 and $30,000 Home Building Grants till September 2027.
“Today’s announcement on the continuation of the HomeGrown build grants through to September 2027, will provide builders and tradies across the Territory with confidence to plan projects, retain workers and invest in local capability,” stated HIA Executive Director Northern Territory, Luis Espinoza.
If governments continue to rely on higher interest rates and the RBA alone to manage inflation, they risk prolonging inflation, higher unemployment and worsening affordability all at the same time.