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“Australia’s sluggish productivity growth and persistent housing shortages demand immediate attention. What we need is action, not another round of reports,” HIA Managing Director, Jocelyn Martin said today.
“Cutting red tape must be the government’s top priority. HIA is advocating for a Better Regulation Minister reporting directly to the Prime Minister, with a mandate to drive an economy wide reduction in regulatory burdens by at least 25 per cent and to hold all agencies accountable through regular reporting.
“Back in 2006, the Howard Government commissioned the landmark Rethinking Regulation report, which set out 178 recommendations to cut red tape and boost economic growth.
“Nearly two decades later, most of those recommendations remain unimplemented and identified once again in this round of Productivity Commission reports. We cannot afford to keep repeating history.
“Red tape is overwhelming business and slowing the delivery of homes. Freeing builders and small businesses from unnecessary and over the top regulation will let them innovate, compete and get more Australians into housing sooner.
“Building a skilled and adaptable workforce is just as critical. HIA supports reforms to remove unnecessary entry rules and streamline training pathways so more Australians can enter the trades and help meet the country’s growing demand for skilled workers.
“The need to accelerate environmental approvals and energy infrastructure projects is just as important, which includes reform of the Environment Protection and Biodiversity Conservation Act to cut duplication and delays.
“Some housing projects wait years for approvals. Streamlined, nationally consistent processes are vital if we are to meet housing demand and we strongly support the establishment of a dedicated ‘strike team’ to clear the 26,000+ backlog of housing projects awaiting approvals.
“HIA is calling on the government to set out a clear timetable for implementing the Productivity Commission’s recommendations and related reform reports to ensure accountability and swift delivery. The priorities are well known, it’s time to move from planning to doing,” concluded Ms Martin.
HIA Submission can be found here.
“The NSW Government has taken an important step toward improving housing supply. Other states should now follow its lead and remove foreign investor taxes that discourage the construction of new homes,” said HIA Chief Economist Tim Reardon.
Housing Industry Association (HIA) Industry Outlook Breakfast in Newcastle and Gosford have highlighted the critical role of infrastructure, planning reform and industry support in addressing housing supply challenges across the Hunter and Central Coast regions.
The Housing Industry Association (HIA) is calling on all political parties contesting the November State election to make regional housing a priority, placing regional communities and their growing populations front and centre of their pre-election policy commitments.
“HIA welcomes the initiatives to support new housing announced by the Treasurer as part of today’s NSW State Budget,” said Brad Armitage HIA NSW Executive Director.