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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.
HIA is calling on the Federal Government to act urgently to support Australia’s building product manufacturers and suppliers, an industry worth more than $130 billion and critical to the delivery of new housing across the country,” HIA Managing Director, Jocelyn Martin said today.
With the delay to decisions on the content of NCC 2025, the ABCB has published a further amendment to the current NCC 2022 which applies from 29 July 2025. The purpose of this minor amendment is to align the NCC with recent changes to the Premises Standards which apply to Class 3 to 9 public buildings, common areas of Class 2 apartment buildings and short-term accommodation
“HIA alongside a group of construction leaders and Standards Australia came together today at Parliament House, to present a united front in getting easier access to Australian Standards in the hands of those who need them most,” said HIA Managing Director, Jocelyn Martin.
HIA has made a comprehensive suite of submissions to the Productivity Commission ahead of the upcoming Treasurer’s Economic Reform Roundtable on 19-21 August.