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{{propApi.successMessage}} {{region}} Change location"Let's Build Australia": Access to super supports home ownership
"Let's Build Australia": Access to super supports home ownership
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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.
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Detached house approvals picking up
“There were 9,490 detached homes approved in the month of April 2025, up by 3.3 per cent compared to the previous month,” stated HIA Senior Economist Maurice Tapang.
State Budget is a missed opportunity to stimulate housing
The Treasurer has handed down the 2025/26 Tasmanian Budget. The Budget focuses on alleviating cost of living pressures, health, education and infrastructure, while mapping out a path to a fiscal balance surplus in 2032/2033.
HIA supports bipartisan approach to planning reform NSW
“The NSW planning system has failed to deliver the number of homes we desperately need and we fully support removing the politics from housing, to address this growing crisis,” said Brad Armitage, HIA Executive Director NSW.
Opposition pledge to remove stamp duty for first home buyers welcomed (Vic)
The Victorian Opposition’s announcement that it would remove stamp duty for first-home buyers spending up to $1 million on a new or existing home if elected at next year’s state election, is a positive step towards improving home affordability,” says Steven Wojtkiw, HIA Victoria Deputy Executive Director.