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{{propApi.successMessage}} {{region}} Change locationWhat ‘matters most’ to the Victorian government – getting re-elected
What ‘matters most’ to the Victorian government – getting re-elected
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“This budget, branded as ‘Focused on What Matters Most’, fails to respond to problems with our home building industry and instead seeks to relieve symptoms caused by the government’s failure to act. It seems that what matters most to the Victorian government is providing short-term relief to voters in the hope that it will help them be re-elected next year.
“Trading conditions for many new home builders have become increasingly precarious in the face of over-reaching new regulations, poor consumer confidence and escalating construction costs – many of which have been compounded by Victoria’s punitive property tax regime.
“Unfortunately, this year’s budget does little to reduce the prohibitive cost of new home building, apart from the previously foreshadowed decision to extend the stamp duty concession for off-the-plan apartments, units and townhouses for a further 12 months.
“Unfortunately, many Victorians continue to be robbed of choice when it comes to housing type as the scheme still doesn’t apply to new detached homes which are crucial for meeting the Victorian Housing Statement target of 800,000 homes in ten years.
“The extension of the stamp duty concession may lift housing demand by improving affordability and may result in some new apartment projects being brought forward that would otherwise stay on the drawing board.
“But this is pretty much as good as this year’s Budget gets for home builders.
“There is some funding allocated for TAFE and for apprenticeship support officers. Some additional funding for small business support has also been included.
“There is however no additional funding for the new Victorian Building and Plumbing Commission. This makes the already unrealistic expectation that it will provide enhanced consumer protection even less likely.
“With a focus on providing cost of living relief, the Budget delivers on the Treasurer’s promise not to include any new taxes. However, the fact that there’s very few transactions or classes of assets that have yet to be taxed by the Allan Government is little consolation to Victorian industry and the wider community.
“Any government claim that Victoria is a great place to do business is unrealistic thanks to this budget,” concluded Mr Ryan.
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New rules add thousands to the cost of a new home as Tasmania falls years behind on housing
From today, every new home built in Tasmania must meet the full Livable Housing Design requirements. The Housing Industry Association says this adds thousands of dollars to the cost of building a home, at a time when Tasmanians can least afford it.
Rules for managing the risk of falls have changed - are you up to date?
Changes to Western Australia's requirements for managing the risks of falls will commence on 1 October 2026, introducing new expectations for builders, contractors and workers undertaking tasks where there is a risk of falling.
Livable Housing Design: final stage now in force
As of today, 1 October 2026, all new building work in Tasmania, unless exempt, must comply with all requirements of Part H8 Livable Housing Design of NCC Volume Two.
ACT housing approvals slump puts 2030 target under pressure
“The ACT’s housing supply pipeline is weakening, with building approvals in the three months to August halving compared with a year earlier,” said HIA Executive Director ACT and Southern NSW, Geordan Murray.