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“We cannot tax our way out of the housing affordability problem. The solution is less tax on housing and less government distortions on the market.
“Reviews of housing taxation, including the Henry Tax Review, are consistent in identifying the need to solve the supply problem before considering more taxes on homes.
“The RBA, Productivity Commission, Federal and State Treasurers have all identified the constraints on the supply of housing as an underlying cause of the housing affordability challenge.
“Addressing affordability requires a coordinated effort by all tiers of government to allow the industry to respond with the type and location of housing required to satisfy the pent-up demand.
“It is illogical to conclude that reducing opportunities to provide rental accommodation can make a meaningful impact on housing supply and rental affordability.
“As was the case in each consideration of changes to tax settings in the past, it is government policies that remain the primary cause of the shortage in housing supply.
“Governments continuing to blame migration, local investors and foreign investors for the housing crisis falls well short of the truth,” Mr Reardon concluded.
Notice is hereby given that the Annual Regional Meeting of Members of the Victoria Region of Housing Industry Association Limited will be held on Monday 16 February 2026 at HIA Cremorne Office – Level 1, 8 Gwynne Street, Cremorne, Victoria, 3121 commencing at 5.00pm.
The Victorian government has released today, on the stroke of Christmas for public consultation the draft regulations implementing parts of the Building Legislation Amendment (Buyer Protections) Act.
The Housing Industry Association (HIA) has congratulated the WA Cook Government on its strong economic management and decisive action to address housing supply challenges through the Mid-Year Budget Review.
“HIA is extremely disappointed with the Victorian government seeking to rush through their flawed buyer protection regulations during summer holidays,” stated HIA Victoria Executive Director, Keith Ryan.