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{{propApi.successMessage}} {{region}} Change locationNew federal funding for councils to support housing delivery
New federal funding for councils to support housing delivery
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“These funds are an important investment and should predominantly be directed toward enabling infrastructure such as roads, water and sewerage to unlock residential land across a range of development settings.
“As all local governments, metropolitan and regional, are being encouraged to meet housing targets this is a key measure for investment in infrastructure where it is needed most.
“Funding of infrastructure is a burden that has been unfairly placed on builders who then have little choice but to pass this cost onto home buyers. Councils have equally been struggling to fund the necessary infrastructure and this early funding from the Federal Government can help ease this burden to enable the provision of more affordable housing delivery.
“The other key investment from this funding, should be directed towards supporting council planning areas to fast track approvals. The current resource shortages across local councils, is one of the primary reasons for protracted approval timelines being experienced across the country.
“HIA would also urge that this funding have a specific percentage directed towards regional areas.
“With regional Australia now home to more than 8.5 million people and growing it is important this funding be allocated proportionally to support the delivery of new homes in regional Australia.
“We need to build 240,000 homes every year just to meet demand, yet last year we fell 60,000 homes short. This funding can play a key role in supporting local councils to bring forward housing approvals to get keys in the door faster,” concluded Mr Croft.
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One House One Approval plan will drive affordability and faster approvals
“Planning reform is a major part of solving the nation’s housing crisis and all state and territory governments need to implement major reforms now, to stem the tide of unaffordable housing.
New federal funding for councils to support housing delivery
“The Federal government’s announcement that Councils are to receive $1.7 billion early funding to assist with the provision of shovel ready housing projects is a key part of addressing the nation’s housing puzzle,” HIA Chief Executive Industry & Policy, Simon Croft said today.
Queensland Budget released with a focus on “A place to call Home”
Earlier this week the LNP Queensland Government delivered its first State Budget for 2025-26.
Government delivers its first Budget with a focus on “A place to call Home”
Earlier this week the LNP Queensland Government delivered its first State Budget.