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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.
New federal anti-money laundering and counter-terrorism financing laws (AML/CTF laws) will take effect from 1 July 2026.
Housing Industry Association (HIA) has welcomed the Tasmanian Government’s commitment to set the First Home Owner Grant for new homes to $20,000, saying the measure will provide meaningful support to first home buyers while underpinning confidence in the state’s residential construction sector.
HIA successfully lobbied for an expansion of fast-track planning approvals in NSW. Now the NSW Government is proposing to introduce two new planning pathways designed to streamline the assessment process for for low rise residential development. These new pathways are part of the NSW Government's planning system reforms.
“New home sales in the month of April increased by 4.9 per cent despite rising interest rates and domestic and global uncertainty,” stated HIA Chief Economist Tim Reardon.