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“HIA has been a strong advocate of the need for government to enter into public-private partnerships to increase social and affordable housing construction.
“With the current downturn in new home building, there is a real opportunity for the private sector to step in to support community housing providers and help government to achieve its targets.
“Tasmanian Labor’s proposal to purchase ‘off the plan’ apartments and medium-density dwellings for use as social housing is sensible. Housing diversity is essential in increasing housing supply.
“However, an incoming government must ensure that the planning scheme supports this kind of development through identification of suitable infill areas and the provision of a Medium Density Code that streamlines the planning and building process.
“The further announcement by Tasmanian Labor on the availability of land grants for Build-to-Rent developments that include social housing or affordable rentals is also welcomed.
“This is subject to any government support or incentives aimed at increasing the supply of build to rent housing being limited to below market rate rental arrangements whether owned by government, private or not for profit providers” commented Mr Collins.
P: 03 6230 4604
M: 0418 507 377
E: s.collins@hia.com.au
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.