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{{propApi.successMessage}} {{region}} Change locationPositive steps in Budget, but broader reforms still essential
Positive steps in Budget, but broader reforms still essential
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“These initiatives reflect a positive shift in recognising the need for innovation and affordability in the residential building sector,” said Ms Martin.
“The $54 million commitment to boost Australia’s capacity in prefabricated and modular housing is a welcome investment in modern construction methods that can support greater innovation across the sector and fast track some housing forms.
“HIA released a landmark report in 2019 that called for greater national coordination to grow the offsite construction sector, including streamlined planning and building approvals, and this announcement is a strong step in that direction.
“The development of a voluntary national certification scheme is something that was a primary recommendation from our report to remove roadblocks to streamline approvals and provide regulatory certainty to support innovation in the sector.
“The expansion of the Help to Buy scheme is also something we have called for to give more first home buyers a real chance to enter the market.”
“Lifting income thresholds and linking property caps to average house prices will better reflect market conditions and broaden the potential uptake of this scheme across more regions.”
“But while these initiatives are encouraging, they must be backed by broader and deeper reforms if we are to meet the national target of 1.2 million new homes over five years.
“HIA’s Budget submission highlighted the urgent need for planning system reform and greater investment in key last mile infrastructure. Delays in development assessment and access to build ready land continue to be one of the biggest barriers to housing supply.
“Workforce shortages are also holding the industry back. More targeted investment in training and attracting skilled workers into residential construction is essential to lifting output.”
“We urge the Government to continue to work with industry on streamlining housing regulation and reducing duplication across state and federal levels—particularly for building approvals, environmental assessments and housing design compliance.”
“We’re pleased to see housing remaining high on the national agenda, and we look forward to working with all governments to make these initiatives successful and deliver the homes Australians need,” concluded Ms Martin.
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Detached house approvals picking up
“There were 9,490 detached homes approved in the month of April 2025, up by 3.3 per cent compared to the previous month,” stated HIA Senior Economist Maurice Tapang.
State Budget is a missed opportunity to stimulate housing
The Treasurer has handed down the 2025/26 Tasmanian Budget. The Budget focuses on alleviating cost of living pressures, health, education and infrastructure, while mapping out a path to a fiscal balance surplus in 2032/2033.
HIA supports bipartisan approach to planning reform NSW
“The NSW planning system has failed to deliver the number of homes we desperately need and we fully support removing the politics from housing, to address this growing crisis,” said Brad Armitage, HIA Executive Director NSW.
Opposition pledge to remove stamp duty for first home buyers welcomed (Vic)
The Victorian Opposition’s announcement that it would remove stamp duty for first-home buyers spending up to $1 million on a new or existing home if elected at next year’s state election, is a positive step towards improving home affordability,” says Steven Wojtkiw, HIA Victoria Deputy Executive Director.