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{{propApi.successMessage}} {{region}} Change locationNSW - big on ideas low on action
NSW - big on ideas low on action
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“Today, HIA released an assessment of housing policy initiatives made by state and territory governments aimed at achieving their Housing Accord targets. The HIA Housing Policy Scoreboard benchmarks each state and territory according to ten critical housing supply policies/mechanisms.
“NSW scored reasonably well because of some worthy policies including the launch of the Housing Delivery Authority (HDA) and the commitment to invest $5.1 billion in social housing.
“While those commitments are commendable, when you look at sales and approvals data, NSW falls behind the rest of the nation in delivering homes.
“This year alone we stand to build over 30,000 homes less than what we need.
“The NSW Government needs to get serious about housing delivery and not just make announcements and policies that lack a clear plan for delivery.
“In July last year the Minister for Planning announced that settings would be changed so that owners can build more duplexes in residential areas. The reality however has been the complete opposite with local councils given far too much scope to prevent building dual occupancies on underutilised blocks of land.
If we are serious about addressing the housing crisis, we need the right policy settings plus urgent action, such as delivering the enabling infrastructure we need to get on with building more homes,” concluded Mr Armitage.
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International situation and current market impacts update
HIA is aware that over the past week members have been receiving a range of advice from suppliers on cost increases to several building materials and other related construction equipment such as skips, plant and equipment hire.
Brisbane plan must not be derailed by NIMBY opposition
The Housing Industry Association (HIA) has backed Brisbane City Council’s ‘More Homes, Sooner’ plan, warning that community opposition risks undermining much-needed housing supply and worsening affordability pressures across the city.
Dealing with cost increases under your contract
HIA is aware that industry is raising concerns about price increases to fuel and materials arising from the conflict in the Middle East. To assist members to account and respond to price increases we have prepared information on dealing with cost uncertainties and fluctuations under HIA contracts.
How to unpick Keating’s Legacy: a users guide
This opinion piece from HIA Chief Economist Tim Reardon responds to the Reserve Bank of Australia Financial Stability Review and discusses how the cumulative tightening of macroprudential settings has increasingly locked first home buyers out of the market.