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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.
The Housing Industry Association (HIA) is pleased to announce the appointment of Benjamin Price as its new Executive Director for Tasmania,” HIA Managing Director, Jocelyn Martin announced today.
The Housing Industry Association (HIA) will join senior industry leaders in Melbourne this week for a national roundtable convened by the Hon Clare O’Neil MP, Minister for Housing, Minister for Homelessness and Minister for Cities, focused on unlocking productivity across the housing sector.
HIA has consulted with its members who are active in land development in Regional NSW to provide comments on the Consultation paper and those comments are presented in this submission letter.
The Housing Industry Association (HIA) has welcomed the news that the ACT Government has abandoned plans to introduce the Independent Planning Advisory Service (IPAS).