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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 latest ABS data released today shows that home building approvals in the ACT remain underwhelming, which reaffirms that relief from affordability pressures is still a long way off.
Tasmania’s building and construction sector is showing strong signs of growth, with the latest Australian Bureau of Statistics (ABS) data revealing building approvals have reached their highest level in two years.
“The decline in the cash rate and ongoing population growth is finally flowing through to a rise in building approvals,” stated HIA Senior Economist Tom Devitt.
The HIA NSW Housing and Kitchen & Bathroom Awards showcase the achievements of HIA member builders and building professionals in the NSW housing industry.