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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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“HIA welcomes the finalisation of the new Sydney Plan which provides a 20-year framework for the future development of Sydney,” said Brad Armitage HIA NSW Executive Director.
Housing industry urges Government to keep SMSF finance flowing to new homes
The housing industry is calling on the Australian Government to allow self-managed super funds (SMSFs) to continue borrowing to build new homes, at least until the impact of its new borrowing restrictions on housing supply is independently assessed and made public.
Bragg NCC plan puts spotlight on need to stop the regulatory escalator
“HIA welcomes Senator Andrew Bragg putting National Construction Code reform squarely at the centre of the housing affordability and productivity debate,” said HIA Chief Executive – Industry & Policy, Simon Croft.