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{{propApi.successMessage}} {{region}} Change locationHousing industry welcomes new Albanese cabinet appointments
Housing industry welcomes new Albanese cabinet appointments
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“HIA has called on the next term of government to specifically focus on increasing housing supply with dedicated programs targeted towards boosting private housing and rentals.
“By having a dedicated special envoy focused on social housing and homelessness, this will provide Housing Minister, Clare O’Neil with the ability to pull out all stops and focus on fast tracking the implementation of the key housing commitments set out in the lead up to the election to boost housing supply and increase home ownership rates.
“HIA is additionally pleased to see the focus on industry, innovation, small business and productivity in the new Ministerial appointments.
“Cutting across Tim Ayres, as the newly appointed Minister of Industry and Innovation, Anne Aly as Minister for Small Business and Andrew Charlton as the Assistant Minister for Science, Technology and the Digital Economy and Andrew Leigh as the Assistant Minister for Productivity.
“In February this year the Productivity Commission released a comprehensive housing construction productivity report titled – Can we fix it? Which outlined the policy directions needed for improving productivity including reducing regulatory burden, streamlining and speeding up approval processes, supporting innovation and improving workforce flexibility.
“This report provides a comprehensive policy blueprint for reform and HIA is calling on these new Ministerial appointments to action the recommendations from this report as part of their first order priorities.
“In doing so it can substantially turn the dial to address the nation’s critical housing shortages and support our industry to build the homes Australia desperately needs,” concluded Ms Martin.
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Home building materials prices still slower than CPI
“Home building materials have continued to experience only modest cost increases, up by 1.6 per cent in the 2024/25 financial year,” stated HIA Senior Economist, Maurice Tapang.
Productivity Commission backs HIA calls for major regulation overhaul
“Today’s interim report from the Productivity Commission overwhelmingly backs what HIA has long been saying - that the regulatory burden on businesses is getting worse in this country and there is need for a major overhaul on the approach to regulation,” said HIA Managing Director, Jocelyn Martin.
HIA welcomes key findings of interim Productivity Commission’s report
“The Housing Industry Association (HIA) welcomes the release of the Queensland Productivity Commission’s interim report into construction productivity It is a significant and necessary step toward overcoming the housing supply challenges facing Queensland,” said Michael Roberts, HIA Executive Director Queensland.
Building approvals pick up 2024/25
“New home building approvals in the 2024/25 financial year were up by 13.9 per cent compared to their 2023/24 trough,” stated HIA Senior Economist Tom Devitt.