{{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location {{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change locationALP policies will increase volume of new home building
ALP policies will increase volume of new home building
Member and guest login
Enter your email and password to access secured content, members only resources and discount prices.
Did you become a member online? If not, you will need to activate your account to login.
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
Forgotten password
Need some help?
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
If the email address you have entered is registered, you will receive an email with further instructions.
Become part of the HIA community
Enables quick and easy registration for future events or learning and grants access to expert advice and valuable resources.
Create a guest account
Enter your details below and create a login
“Since its introduction the Home Guarantee Scheme has supported 1 in 3 first home buyers get into home ownership each year and its expansion has been sought by the HIA.
“The announcement to boost placements and recalibrating the median national purchase prices under the Home Guarantee Scheme, will get more first home buyers into a home sooner.
“The scheme should also see at least an additional 10,000 new homes per year commence construction, if new home building is prioritised.
“Saving a deposit is one of the most significant barriers to getting first home buyers into the market.
“Governments impose significant costs on new home building that have restricted the supply of new homes over recent decades. In Sydney, up to $575,000 of the cost of a new house and land package is just the taxes, fees and charges. The first 15 years of a mortgage a spent paying for government costs, and the second 15 years pay for the land and the home.
“Reforms to other lending arrangements for first home buyers are also necessary and welcome.
“The volume of new homes commencing construction is at its lowest for more than a decade and has remained at that level for 3 years. There were around 166,000 new homes that commenced construction in 2023 and again in 2024. This is the lowest volume of new home commencements since 2012.
“Lenders mortgage insurance doesn’t provide a benefit to first home buyers, it is to protect banks. Mortgage arrears in Australia remains exceptionally close to zero and has remained at those levels for decades.
“There is an opportunity to lower the cost of borrowing for a first home buyer without systemic risk to the financial system.
“In addition to the policies announced today, all tiers of government need to work together to bring down the cost of delivering a new home to market.
“All three tiers of government have added additional, unnecessary costs, to delivering a new apartment and detached home over the past 5 years. Offsetting these costs is a step forward.
“In addition to these policies governments need to work together to stop increasing the cost of homes by ensuring all agencies are coordinated and focused on reducing the cost of home building.
“To make inroads into improving housing outcomes across the board, we need bold and effective reforms, and today’s announcement from both major parties outline the types of structural changes and investments needed to support more young Australian’s get their keys in the door to their own home,” concluded Ms Martin
For more information please contact:
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.