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“Stamp duty is an inefficient and ineffective tax that drives up the cost of housing, and a reduction in this burden is a step in the right direction to boost housing supply,” added Mr Ryan.
“This announcement follows an expansion of ‘activity centres’ where state-led planning controls will make it easier for planning approvals to be granted for medium density housing.
“Expanding these activity centres to more areas will make it easier for developers to identify suitable locations for projects and plan out approaches to precinct designs closer to consumers’ existing homes, workplaces and family members.
“HIA broadly supports these measures, though the government needs to ensure these policies support the delivery of all forms of housing and not just high-rise towers.
“Last year the Victorian government released its Housing Statement with a target of building 800,000 homes in ten years. To achieve this target all types of housing are needed including medium density and greenfield housing.
“The industry continues to face a number of significant challenges in boosting housing supply. This includes the costs and time associated with delivering the key ‘last mile’ enabling infrastructure to get projects shovel ready faster, the continuing raft of cascading regulatory changes, outdated home building contract laws and increasing costs and decreasing availability of insurance.
“Today’s announcement of planning and tax reform is an important step forward to increase housing supply, though further targeted reforms are needed to ensure builders can deliver these much-needed homes for Victorians,” concluded Mr Ryan.
Desyn Homes won the 2025 HIA South Australian Home of the Year for a spectacular addition and renovation that perfectly balanced modern design with heritage character.
Leading residential builders, designers, manufacturers and guests from across North Queensland gathered on Saturday 8 November at The Ville in Townsville to celebrate the 2025 HIA North Queensland Housing and Kitchen & Bathroom Awards.
A stunning custom built home that seamlessly blends classical style with contemporary living has been named HIA Victorian Home of the Year at the 2025 HIA Victorian Housing and Kitchen & Bathroom Awards, held in Melbourne on Friday night.
Recent changes to planning controls made by the NSW Government further extend permissibility for dual occupancy development in NSW.