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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 Bureau of Meteorology has officially forecast Tropical Cyclone Fina to reach Category 3 intensity. There is a Cyclone warning currently in place for Top End coastal communities, including Darwin. Strong gale winds and rain are expected, as well as storm surge or tides.
“The volume of new homes sold in Australia fell by 9.0 per cent in the month of October 2025 but remains at a three-year high,” stated HIA Chief Economist, Tim Reardon.
Opening statement by Simon Croft, Chief Executive Industry & Policy
The ACT has earned the unenviable title of ranking last in the nation for housing supply, according to the latest Housing industry Association (HIA) quarterly national scorecard.