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“It makes no sense to industry that Housing, Building, City Services and Planning portfolios are all held separately.
“This approach creates significant inefficiencies and duplication of processes, which must be addressed if the ACT is to solve the housing crisis in the Territory.
“As we lead into this year’s Territory election, HIA is calling on the next ACT government to create a housing ‘super portfolio’ that brings all relevant housing portfolios together under a single Minister whose primary objective is to increase housing supply and put downward pressures on housing affordability.
“One Minister with a clear line of sight of all key portfolios for housing delivery that can really drive the housing agenda, and be a champion for builders, homeowners, renters are what we are calling for.
“With an election approaching and a new ministry to be appointed regardless of the outcome, we are urging the incoming government to give one person the job of solving housing in the Territory,” concluded Mr Weller.
From 1 July 2026 changes to domestic building warranty insurance will take effect. These changes require HIA to revise its suite of Victorian domestic building contracts to meet the new requirements.
The Housing Industry Association (HIA) has called the passage of changes to negative gearing, capital gains tax (CGT) and self-managed super fund (SMSF) investment rules a major setback for housing supply, warning the measures should have been ‘red carded’ before being legislated.
The Courier Mail described the budget as being as bland as the chive and onion muffins served to those who ventured into the budget lock down but concluded while the budget was hard to love it was also hard to hate.
The new Buyer Protection laws will start on Wednesday, 1 July 2026 after an extraordinarily challenging process with numerous last-minute changes. HIA is providing this Member Alert to help members navigate the key ‘need to know’ on these new laws, with more detailed material to follow.