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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.
“Australia’s population reached 27.4 million by the end of 2024, up by 445,900 people, or 1.7 per cent for the year,” stated HIA Senior Economist, Tom Devitt.
The Tasmanian election that no-one wanted to have is in full swing, and while the limited campaign period is unlikely to provide the usual platform to promote key policies and reforms, HIA is calling on both major parties to prioritise housing policies given the significant challenges across the state.
“Our dated and complex planning system is littered with speed bumps that could easily be removed”, said Brad Armitage, HIA NSW Executive Director.
“The Victorian government’s proposal to update home building contract laws to make them fit for use in the 21st century is welcomed by HIA,” stated HIA Executive Director, Keith Ryan.