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{{propApi.successMessage}} {{region}} Change locationHousing industry welcomes new ACT ministry
Housing industry welcomes new ACT ministry
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“A key issue we raised during the election was the need for consolidation and a better alignment of portfolios, and we recognise that the new ministry has gone a long way towards achieving these goals,” said Greg Weller, HIA Executive Director ACT & Southern NSW.
“The creation of a Minister for Homes and New Suburbs under Minister Berry appears to give greater scope for the portfolio to address our need for new housing.
‘Likewise, it is pleasing to see Minister Steel retain Planning, while also adding Sustainable Development, and these being grouped with Heritage and Transport.
“With taxation being a great impediment to housing delivery, we hope that the appointment of Minister Steel to the role of Treasurer can also help pave the way for these discussions.
“As we highlighted throughout the election, there is much to be done on housing in the ACT, as evidenced by the most recent ABS data release, but the industry is up for the challenge.
"New detached housing for Canberra remains at historically low levels, with commencements for the year to June 2024 (790 starts) and approvals for the year September (793 approvals) setting new record lows.
“Overall starts in the Territory showed a slight improvement during the year to June 2024, increasing by 12.6 per cent on last year, though this remains 10.1 per cent below the decade average.
“We look forward to working with the government to achieve its targets - including 30,000 dwellings by the end of 2030 - however, there must be meaningful policy changes to reach this outcome,” concluded Mr Weller.
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