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The Housing Industry Association in Tasmania has welcomed moves to cut red tape around granny flats, saying larger granny flats will unlock thousands of new homes by making better use of existing land.
The Housing Industry Association’s Chief Economist, Tim Reardon, said the Reserve Bank of Australia’s latest decision to increase interest rates reflects the ongoing challenge of bringing inflation under control, but warned that higher rates will further restrict the supply of new homes.
HIA responded to the Consultation Paper on the Review of the Amended Unfair Contract Terms Protections. The Consultation Paper canvasses a range of matters associated with the expansion of the UCT provisions in 2023 for consumers and small businesses.
Standing on a construction site with work well underway, the Housing Industry Association (HIA) Tasmania today joined Treasurer Eric Abetz MP in welcoming the impact of the Tasmanian Government’s First Home Owner Grant, recently tripled to $30,000, which is already helping more Tasmanians build their first home.