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{{propApi.successMessage}} {{region}} Change locationState Budget is a missed opportunity to stimulate housing
State Budget is a missed opportunity to stimulate housing
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“HIA in the lead up to the announcement of the budget, advocated for further spending on measures that will help deliver increased housing supply– a clear priority for the Tasmanian government as housing is a driver of the economy and a fundamental right.
“There is $1 billion dollars in the budget for Homes Tasmania to deliver more social and affordable housing towards the government’s target of 10,000 homes in ten years, allocation for the continuation of the MyHome Share Equity and funding for various agencies as part of their planning and regulatory functions to support home ownership.
“However, with Tasmania now rock bottom on HIA’s Housing Scorecard which benchmarks activity in each state and territory against long term averages in home building and renovations activity, lending data and population flows, budgetary funding for housing does not go far enough.
“Increasing incentives for first home buyers, extending the stamp duty concessions to new homes and removing taxes and regulatory costs that contribute almost 40 per cent to the cost of a house and land package would have helped kick-start housing activity leading to creation of jobs, a boost in commencements and improved economic activity.
“On a brighter note, funding for red tape reduction is welcomed. While investment in workforce development through HIA’s acclaimed youthBuild ‘work ready’ program and the delivery of foundation skills and apprenticeships
For more information please contact:
Stuart Collins
Senior Executive Director Compliance and Workplace Relations
Update on recent HIA advocacy activities
Over the past few weeks HIA has been advocating strongly on behalf of members on a range of policy and regulatory issues that have significant implications for housing supply, business confidence and the capacity of our industry to deliver the homes Australia needs.
Tasmanian builders shouldn't be shut out of housing work over union membership
The Housing Industry Association (HIA) has today written to the Tasmanian Government calling for a commitment that state-funded and state-partnered housing work will continue to be awarded on merit, not industrial arrangements, warning new federal procurement rules could shrink the pool of builders able to deliver the homes Tasmania needs.
Rushing Working from Home laws will only lead to more bungling
The Victorian Government continues to push ahead with its Working from Home laws despite the Housing Industry Association’s (HIA) call for it to abandon its proposed legislation, warning the changes would impose additional regulatory pressure on businesses already struggling and kill productivity.
Hobart named Australia's most restrictive city for planning
Hobart has been identified as the most restrictive capital city in Australia for planning, according to the Australian Zoning Atlas, which found 97 per cent of the city's residential land is subject to restrictions that limit new housing.