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“However, social and affordable housing only make up a small part of the big picture that is housing in Australia.
“The majority of the government’s 1.2 million homes target will need to be homes for the private market. This is crucial to bring house prices and rentals down.
“All areas of housing need to be focused on and government policies cannot just focus on social housing and leave out free market housing, it is critical the balance is right if the government is to succeed in its long-term vision.
“HIA is calling for the newly appointed Minister for Housing, Clare O’Neil, to reset the housing agenda to address the shortfall of supply across the entire housing continuum.
“The more new homes we build the more social housing is freed up for those who really need it, and the more likely it is that ordinary Australians have a chance to buy a house at an affordable price.
“Now is the time to show strong leadership on housing. Minister Clare O’Neil together with the Prime Minister, Anthony Albanese must reset the housing policy agenda to focus on increasing housing supply across all areas of housing.
“The current agenda is in danger of being too narrow and does not sufficiently go to the heart of the problem of fixing housing supply for future generations,” concluded Ms Martin.
As we head into the Easter and ANZAC long weekends, the team at HIA wishes you a safe, relaxing, and well-deserved break with your loved ones.
“The Housing Industry Association (HIA) welcomes today’s announcement by the Coalition to commit $260 million to build a new national network of Australian Technical Colleges to target boosting our industry’s critical trade shortages,” said HIA Managing Director, Jocelyn Martin.
“A key reason why the cost of government fees, charges and taxes has increased by $160,000 over the past five years, is the increased time it takes to gain approval to turn farmland into a residential suburb,” stated HIA’s Chief Economist, Tim Reardon.
“There were 168,050 new homes that commenced construction in 2024, which remains at its lowest levels in over a decade,” stated HIA Chief Economist Tim Reardon.