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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 has just seen its two weakest years of new home commencements in over a decade, meaning these ongoing shortages of skilled trades are not being caused by home building activity,” stated HIA Chief Economist, Tim Reardon.
“There were 48,620 new homes approved for construction in the first quarter of 2025, up by 20.8 per cent on a year earlier,” stated HIA Senior Economist Tom Devitt.
“The Housing Industry Association (HIA) calls on the newly elected Federal Government to make housing a first-order priority from day one, any delay or political grandstanding will only deepen the nation’s housing crisis,” HIA Managing Director Jocelyn Martin said today.
“A strong pipeline of new shovel-ready residential land at Mount Peter is fundamental to putting downward pressure on housing prices across the entire region,” said HIA Executive Director North Queensland, Peter Fry.