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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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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