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“This announcement represents 40 per cent of the 13,742 social and affordable dwellings forecasted by the Australian Government to get underway this financial year. The announcement is an important step forward for the HAFF program.
“HIA has long advocated that Australia needs more housing supply of all types across the ‘Housing Continuum’ be it private housing, private rentals, long term rentals, subsidies and supported housing and social, community and affordable housing.
“Where one form of housing supply across this housing continuum falls short other parts of the system will additionally struggle to meet demand.
“That is why we need a coordinated approach across housing policy programs and across all levels of government to continue with initiatives to increase supply of housing for all forms.
“As a consequence, it will be important to ensure productivity in the residential construction industry is supported by government focus on removing regulatory roadblocks, improving planning systems and tackling skills shortages.
“While we would like to see a longer term more consistent approach to funding social housing, programs such as the HAFF provide positive inroads into improving housing outcomes.
“HIA is committed to work with all levels of government on policies that look to address Australia’s housing challenges and supporting measures to get younger Australians into housing,” concluded Ms Martin.
The Housing Industry Association ACT and Southern NSW region has released its full 2024 ACT election priorities to address the issues facing housing and residential construction in the capital.
Trade shortages loom as a major threat to the Housing Accord’s target of building 1.2 million homes over the next five years. The target equates to an average of 240,000 homes per annum and Australia has only come close to this level of home building on two occasions in the past. The first was in a single year at the peak of the apartment boom of the mid-2010s (232,000 in 2016), and the second was for a single year at the peak of the COVID era cycle (228,000 in 2021).
This policy reflects HIA’s commitment to fostering a more diverse and inclusive residential building industry. HIA supports efforts to work with government and industry to encourage cultural change and broaden opportunities for all individuals.
The Housing Industry Association is calling on the next ACT Government to address the housing crisis currently confronting the nation’s capital.