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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.
“Home building materials have continued to experience only modest cost increases, up by 1.6 per cent in the 2024/25 financial year,” stated HIA Senior Economist, Maurice Tapang.
“Today’s interim report from the Productivity Commission overwhelmingly backs what HIA has long been saying - that the regulatory burden on businesses is getting worse in this country and there is need for a major overhaul on the approach to regulation,” said HIA Managing Director, Jocelyn Martin.
“The Housing Industry Association (HIA) welcomes the release of the Queensland Productivity Commission’s interim report into construction productivity It is a significant and necessary step toward overcoming the housing supply challenges facing Queensland,” said Michael Roberts, HIA Executive Director Queensland.
“New home building approvals in the 2024/25 financial year were up by 13.9 per cent compared to their 2023/24 trough,” stated HIA Senior Economist Tom Devitt.