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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.
“The NSW Government has taken an important step toward improving housing supply. Other states should now follow its lead and remove foreign investor taxes that discourage the construction of new homes,” said HIA Chief Economist Tim Reardon.
Housing Industry Association (HIA) Industry Outlook Breakfast in Newcastle and Gosford have highlighted the critical role of infrastructure, planning reform and industry support in addressing housing supply challenges across the Hunter and Central Coast regions.
The Housing Industry Association (HIA) is calling on all political parties contesting the November State election to make regional housing a priority, placing regional communities and their growing populations front and centre of their pre-election policy commitments.
“HIA welcomes the initiatives to support new housing announced by the Treasurer as part of today’s NSW State Budget,” said Brad Armitage HIA NSW Executive Director.