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“For example, the Victorian Government has just introduced legislation that will:
“This Victorian legislation will strangle the businesses of home builders and force many to exit the industry, reducing competition and adding further to the costs to construction.
“The additional requirements in Victoria will go a long way to offsetting the reduction in lenders mortgage insurance requirements proposed by the Prime Minister a week ago.
“This is in addition to a range of new taxes added to the cost of new home building in Victoria which includes:
“The ideal solution to increasing housing supply is to first stop governments increasing the cost of home building, such as in Victoria. Then to remove taxes, red tape and delays and reduce infrastructure costs. This will take decades to flow through to households as lower new home building costs.
“In the short term however, the only way in which the Australian government can lower the cost of home building is through policies similar to those both parties announced last week that provide financial support to first home buyers to build new homes.
“To achieve this outcome, substantial taxation reform is likely required to remove state government dependence on housing taxation. This should include removing the GST from new homes, as it is imposed on new homes but not on established homes, until such time as Australia builds 1.2 million homes within five years.
“Housing is taxed less like a necessity and more like a vice, like alcohol or tobacco,” concluded Ms Martin.
Notice is hereby given that the Annual Regional Meeting of Members of the Victoria Region of Housing Industry Association Limited will be held on Monday 16 February 2026 at HIA Cremorne Office – Level 1, 8 Gwynne Street, Cremorne, Victoria, 3121 commencing at 5.00pm.
The Victorian government has released today, on the stroke of Christmas for public consultation the draft regulations implementing parts of the Building Legislation Amendment (Buyer Protections) Act.
The Housing Industry Association (HIA) has congratulated the WA Cook Government on its strong economic management and decisive action to address housing supply challenges through the Mid-Year Budget Review.
“HIA is extremely disappointed with the Victorian government seeking to rush through their flawed buyer protection regulations during summer holidays,” stated HIA Victoria Executive Director, Keith Ryan.