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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 Housing Industry Association (HIA) has undertaken an assessment of National Cabinet’s 10 point National Planning Reform Blueprint including identifying, and in some cases re-defining, the key planning reform measures needed from the Blueprint to enable the delivery of National Cabinet’s Housing Accord target of building 1.2 million homes over the next 5 years.
“It is nine months since the RBA’s last rate rise and market confidence is returning. It is only the heavily taxed markets of NSW and Victoria that are yet to see a trough in detached home building in 2024,” stated HIA Chief Economist, Tim Reardon
Following the introduction of the engineered stone ban around the country earlier this year, new rules when working with silica products will come into effect from 1 September.
“Detached home building in the nation’s capital is constrained, sitting at record lows, with the current affordability crisis expected to persist for years,” stated HIA Executive Director, Greg Weller.