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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.
The Housing Industry Association (HIA) is pleased to announce the appointment of Benjamin Price as its new Executive Director for Tasmania,” HIA Managing Director, Jocelyn Martin announced today.
The Housing Industry Association (HIA) will join senior industry leaders in Melbourne this week for a national roundtable convened by the Hon Clare O’Neil MP, Minister for Housing, Minister for Homelessness and Minister for Cities, focused on unlocking productivity across the housing sector.
HIA has consulted with its members who are active in land development in Regional NSW to provide comments on the Consultation paper and those comments are presented in this submission letter.
The Housing Industry Association (HIA) has welcomed the news that the ACT Government has abandoned plans to introduce the Independent Planning Advisory Service (IPAS).