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{{propApi.successMessage}} {{region}} Change locationCanberra housing crisis deepens as building approvals hit new lows
Canberra housing crisis deepens as building approvals hit new lows
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“This is the worst building approval numbers for detached homes we have seen in 55 years. It is just not sustainable to think we can build at these levels and both expect the Canberra to grow and housing to become affordable,” said Greg Weller, HIA Executive Director ACT & Southern NSW.
“The situation for apartments and townhouses is little better, with only 1,500 multi-residential dwellings approved in 2024. This marks the lowest number of approvals over any twelve-month period since the year to November 2009.”
“Overall, the ACT had 2,180 dwellings approved in 2024, which is the lowest number of approvals since September 2007.”
“HIA has articulated a number of measures that could help address if implemented quickly, including easing taxation of new homes, improved planning measures and the cost of land.”
"If now is not the time for government to act urgently on housing supply, then when is?”
“There is only one way to address housing affordability and that is to build more homes,” concluded Mr Weller.
For more information please contact:
WA Cost Plus Contract Update: What Members Need to Know
The WA Cost Plus Contract has been updated to improve clarity, accuracy and usability for builders. Changes include revised contract schedule items, updated document references and a new clause covering contract interpretation and document precedence.
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2026-27 HIA SA Pre-Budget Submission
The Housing Industry Association (HIA) makes the following submission to the Treasurer and the Department of Treasury to inform deliberations ahead of the 2026-27 South Australian Budget.
Budget in Reply signals strong focus on productivity, investment and housing supply
“The Housing Industry Association (HIA) welcomes the ambition of the Coalition’s Budget in Reply handed down tonight, including measures that support business investment, improve productivity and boost housing supply,” said HIA Managing Director Jocelyn Martin.