{{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location {{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change locationFuture Fund could boost supply of new apartments
Future Fund could boost supply of new apartments
Member and guest login
Enter your email and password to access secured content, members only resources and discount prices.
Did you become a member online? If not, you will need to activate your account to login.
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
Forgotten password
Need some help?
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
If the email address you have entered is registered, you will receive an email with further instructions.
Become part of the HIA community
Enables quick and easy registration for future events or learning and grants access to expert advice and valuable resources.
Create a guest account
Enter your details below and create a login
“At its core, the shortage of housing in Australia is due to a lack of investment. Attracting more investment, especially into apartment construction, could help overcome the shortage of investment from domestic and international sources.
“State and Territory governments have introduced barriers to overseas financial institutions looking to build homes in Australia and this has exacerbated the shortage of housing in Australia.
“These taxes have contributed to the volume of apartments commencing construction falling by around 50 per cent over the past decade.
“If the Future Fund is to step into the gap this could see a recovery in apartment commencements.
“Apartments are essential to meeting the demand in capital cities. The timing for delivering of new apartments is currently being hampered by a range of factors including planning delays, new and onerous building codes, and continuing red tape being embedded on businesses.
“Assuming that it takes four years to gain approval, and a further three years to build the apartments, this could see the Future Fund delivering apartments prior to the Olympics in Brisbane in 2032.
“In addition to easing the shortage of housing, this investment could represent an opportunity to target complementary policies that can assist in overcoming other structural barriers including a shortage of labour.
“HIA encourages the government to direct investment into new home building and urges the Australian government to ensure this investment is not ‘hand cuffed’ with additional objectives that would add further delays and costs to construction,” concluded Ms Martin.
For more information please contact:
HIA welcomes key findings of interim Productivity Commission’s report
“The Housing Industry Association (HIA) welcomes the release of the Queensland Productivity Commission’s interim report into construction productivity It is a significant and necessary step toward overcoming the housing supply challenges facing Queensland,” said Michael Roberts, HIA Executive Director Queensland.
Building approvals pick up 2024/25
“New home building approvals in the 2024/25 financial year were up by 13.9 per cent compared to their 2023/24 trough,” stated HIA Senior Economist Tom Devitt.
HIA urges action to back Australian building product manufacturers
HIA is calling on the Federal Government to act urgently to support Australia’s building product manufacturers and suppliers, an industry worth more than $130 billion and critical to the delivery of new housing across the country,” HIA Managing Director, Jocelyn Martin said today.
Amendment NCC 2022 published to align with the Premises Standards
With the delay to decisions on the content of NCC 2025, the ABCB has published a further amendment to the current NCC 2022 which applies from 29 July 2025. The purpose of this minor amendment is to align the NCC with recent changes to the Premises Standards which apply to Class 3 to 9 public buildings, common areas of Class 2 apartment buildings and short-term accommodation