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“It is a relief that the home building industry has been spared more harm from excessive and new taxes. The plans by the Victorian government to reduce spending on large infrastructure projects and free up labour and materials for the construction industry is also a positive and should be good news for home builders.
The expanded funding for the Victorian Homebuyer Fund is welcome but this funding stops once the Commonwealth government’s home buyer support scheme is in place. More detail is required to assess the impact on this decision by the Victorian government.
“HIA also welcomes the decision to provide more funding to the Victorian Building Authority to help it give both the industry and consumers confidence that it can effectively enforce building regulations. There is also recognition of the need for the government to improve access to domestic building insurance for people building or renovating their homes.
“The budget focuses on small grants to help with the cost of living and continued investment in education, health care and road and rail. These are all worthy programs which will help families and the economy. However, HIA always holds to the view that the best way to help families is to get them into a home.”
“Ultimately the Budget does not include significant measures to help address housing shortages, such as broader stamp duty reform, tax reductions and removals, planning and building law improvements, and an increased supply of land. It is hoped however that there will be future announcements this year from the Allan government which address this.” concluded Mr Ryan.
“The Housing Industry Association (HIA) is pleased to welcome Minister Andrew Giles to the HIA NT Skills Centre in Darwin, providing an opportunity to showcase the Northern Territory’s training pipeline and discuss the continued challenges facing the local residential building industry,” HIA Executive Director Northern Territory, Luis Espinoza, said today.
The Federal Government, through Housing Australia, has announced a third round of funding, in support of its commitment to the building of 1.2 million homes over the next 5 years.
The Housing Industry Association (HIA) today welcomed Premier Rockliff’s announcement of the Tasmanian Government’s next 100-day plan, which commits a suite of housing and planning reforms to fast-track new homes and cut red tape.
The Queensland Government recently announced the next phase of the ‘Building Reg Reno’ reforms, including various changes under the Queensland Building and Construction Commission and Other Legislation Amendment Bill 2025.