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“This policy acknowledges the reality that for many Australians, saving for a deposit is the greatest hurdle to entering the housing market. Allowing first home buyers to access their superannuation provides a practical and targeted solution to this challenge.
“For years, HIA has advocated for innovative approaches to make home ownership achievable for more Australians,” Ms Martin said.
“While this announcement is a good start, there is more to be done. We need strong and decisive leadership to address the complex issue of housing affordability. Declining home ownership rates paint a a bleak picture, with 36 per cent of those under 30 owning a home compared to 50 per cent 30 years ago.
“Beyond this measure, we need to see policies that address land supply, reduce regulatory costs, and boost housing supply to meet the growing demand.
“The decision to enable Australians to invest in their own homes acknowledges the importance of housing as a foundation for financial security and community stability.
“Superannuation is designed to help people plan for their future retirement, there is no better security in your future than owning your own house.
“HIA believes that measures like this, coupled with broader policy reforms, can help to tackle the ongoing housing affordability crisis.
“In the lead up the 2025 election, HIA looks forward to engaging with all sides of politics to prioritise the delivery of housing for all Australians across our cities and regions,” concluded Ms Martin.
The following is attributable to Tim Reardon, HIA’s Chief Economist
October is National Safe Work Month, which is an important time for both employers and workers to focus on, and commit to, promoting safe and healthy workplaces, according to the Housing Industry Association (HIA) Chief Executive – Industry & Policy Simon Croft.
The latest figures from the Australian Bureau of Statistics (ABS) show that while new home building approvals in the ACT have lifted slightly in 2025, the pace of growth remains far too slow to meet the territory’s housing needs.
HIA have been lobbying for changes to streamline the process which will allow certifiers to issue Certificates of Occupancy (CoO).