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{{propApi.successMessage}} {{region}} Change locationProductivity fund focus must be on cutting red tape
Productivity fund focus must be on cutting red tape
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“This fund offers significant incentives for states to reduce regulatory barriers and roadblocks to unlock greater housing supply delivery.
“One of the most significant issues our industry faces right now in meeting new homes targets, is the layers upon layers of regulation that builders need to navigate prior to obtaining approvals to build and putting a shovel in the ground.
“Not only are these layers of red tape adding significant time to the building approvals process, but they are adding excessive costs that directly impacts on housing affordability.
“It is pleasing to see from today’s announcement that a key component of the $900 million Productivity Fund, will be competitive funding for those states and territories that implement planning and zoning reforms and remove other barriers to boost construction productivity.
“The new fund represents a targeted approach to addressing Australia's key productivity challenges, and there is an urgent need for measures like this to remove the excessive red tape and help the construction industry deliver more homes, faster, while addressing systemic issues that have hampered progress for decades.
“However, regulatory hurdles are not the only challenges confronting the home-building sector. A recent HIA report revealed that Australia faces a critical shortage of skilled tradespeople in the residential building industry, estimating that an additional 83,000 workers will be needed to meet current and future housing demand.
“This shortage affects every facet of the construction process, from site preparation and plumbing to electrical work and final finishes, compounding delays and cost pressures across the sector.
“The initiative announced today, will help build momentum towards adopting more innovative construction practices, such as increasing use of modular and prefab construction that can assist with addressing some of these challenges.
“Regulatory inconsistencies though have often hindered their adoption, delaying projects and escalating costs. With this fund, it can help address some of those roadblocks and HIA has been advocating for more tailored rules for innovative forms of construction to support their great uptake.
“Today’s announcement is important initiative to help unlock further housing supply. It illustrates that there is no single solution to these issues, and instead reforms and targeted measures across all areas of policy are needed to address the nation’s housing needs,” concluded Ms Martin.
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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