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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.
For more information please contact:
Update on recent HIA advocacy activities
Over the past few weeks HIA has been advocating strongly on behalf of members on a range of policy and regulatory issues that have significant implications for housing supply, business confidence and the capacity of our industry to deliver the homes Australia needs.
Tasmanian builders shouldn't be shut out of housing work over union membership
The Housing Industry Association (HIA) has today written to the Tasmanian Government calling for a commitment that state-funded and state-partnered housing work will continue to be awarded on merit, not industrial arrangements, warning new federal procurement rules could shrink the pool of builders able to deliver the homes Tasmania needs.
Rushing Working from Home laws will only lead to more bungling
The Victorian Government continues to push ahead with its Working from Home laws despite the Housing Industry Association’s (HIA) call for it to abandon its proposed legislation, warning the changes would impose additional regulatory pressure on businesses already struggling and kill productivity.
Hobart named Australia's most restrictive city for planning
Hobart has been identified as the most restrictive capital city in Australia for planning, according to the Australian Zoning Atlas, which found 97 per cent of the city's residential land is subject to restrictions that limit new housing.