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“The targeted investment towards ‘last mile’ infrastructure has the capacity to support 500,000 new homes across the country, including a targeted 30 per cent allocation for regional, rural, and remote areas.”
Mr Croft was speaking at a HIA Regional Housing Forum in Bendigo today, where Shadow Minister for Infrastructure, Transport and Regional Development, Senator Bridget McKenzie, announced the plan, which, should the Coalition win government at the next election, would see substantial investment in access roads, water, sewerage, and power to support shovel-ready housing projects.
"Housing forums like the one we are holding today are important. The voice of regional Australia needs to come to the fore and get a seat at the table on key decision-making processes as these communities continue to grow and expand.
“Today's announcement to allocate 30 percent of the proposed $5 billion dollars to the regions is a good step in addressing the critical housing shortages facing regional Australians,” Mr Croft said.
"The number of Australians moving from cities to the regions continues to grow, and this trend is expected to increase in the coming years. Currently, 8.5 million Australians or one third of the population are now living in regional Australia.
“Unfortunately, the housing shortages being witnessed in capital cities are even worse across nearly every regional town in Australia.
“Three key factors, hampering the delivery of more housing in regional Australia is access to shovel (build) ready land, investment in necessary enabling infrastructure for new housing estates and staff shortages in regional councils to process planning approvals.
“Therefore, HIA welcomes well targeted policies that aim to boost supply and ease housing pressures by tackling construction costs and roadblocks to delivering more homes for Australians.
“Practical measures such as those announced today to unlock housing supply and get projects shovel ready sooner are critical to ensuring the residential building industry can meet increased demand and support greater housing delivery across the country,” concluded Mr Croft.
“Today’s labour force data continues to reinforce the alarming picture that while there are boots to fill in the residential building industry, there simply aren’t enough people to fill those boots,” said Matt King, Senior Economist at the Housing Industry Association.
The current severe storm conditions across NSW can wreak havoc on construction sites and can raise concerns from owners in recently completed homes.
The Housing Industry Association (HIA) is urging the government to hit pause on the proposed Free TAFE Bill 2024. While the initiative promises to address critical skills shortages, HIA believes the plan needs a comprehensive review before it’s locked into law.
HIA provided a response to the Senate Education and Employment Committees on the inquiry into the Free TAFE Bill 2024.