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{{propApi.successMessage}} {{region}} Change locationHousing productivity key for second term Albanese government
Housing productivity key for second term Albanese government
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“HIA is pleased to hear the Prime Minister acknowledge the challenges with increasing housing supply and addressing housing affordability in Australia,” stated HIA Managing Director Jocelyn Martin.
The Prime Minister highlighted the Australian Government’s agenda in its second term, will be on economic growth and productivity.
“Identifying that priorities will be on driving faster approvals for housing, energy and infrastructure projects, making it easier for Australian innovators and investing in the skills our nation needs.
“The Prime Minister announced that the Treasurer will convene a roundtable with industry leaders in August, and HIA calls on the government to include housing front and centre in the discussion as part of shaping future economic growth and productivity,” added Ms Martin.
“During the campaign, the Albanese Labor Government committed to helping more first home buyers enter the market which included supporting all Australians into housing with a 5% deposit, something that HIA has advocated for.
“But this in itself will not deliver more homes and boost supply and in order to do so, governments need to help lower the cost of delivering new homes.
“The process of home building in itself is quick and efficient. Government red tape and excessive regulation have been the key reasons why it is so difficult to increase supply.
“The Productivity Commission’s Can We Fix It? Report on Housing Productivity called on efforts to “eliminate bottlenecks in the system and provide certainty to the residential building industry.”
“HIA’s 2025 Report on the Taxation of the Housing Sector found that almost half of the cost of a new home are taxes, fees and regulatory charges.
“While housing policy is largely influenced at a state and local level, this does not mean that the Australian Government can shy away from ambitious housing policies and reforms.
“This should include policies that would help deliver more land to market to meet demand, attract more workers into the industry and to ease the taxes and unnecessary regulations imposed on building a new home,” concluded Ms Martin.
As the Housing Minister Clare O’Neil pointed out over the weekend, “It’s just too hard to build a house in this country. And that that “the nation’s housing crisis is in part the result of 40 years of unceasing new regulation across three levels of government” This was a point reinforced by the Prime Minister himself today.
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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.