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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.
This member alert is for members who enter into domestic building contracts entered into before 1 July 2026. It is also important information for members who enter into domestic building contracts with clients with untitled land.
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.
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.
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.