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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.
“Sales of new detached homes increased by 18.8 per cent in the three months to June 2025 compared to the previous three months,” stated HIA Chief Economist, Tim Reardon.
“The Housing Industry Association has welcomed the Northern Territory Government’s commitment to streamlining the Territory’s planning and building approval system,” HIA Executive Director NT, Luis Espinoza said today.
“HIA welcomes the release of the new NSW Housing Pattern Book, which is another tool that could help make the delivery of new housing in NSW easier,” said Brad Armitage, HIA NSW Executive Director.
With the Tasmanian state election on 19 July fast approaching, the Housing Industry Association (HIA) welcomes the strong focus from both major parties on policies that boost housing supply.