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“The Housing Accord has sharpened our focus on opportunities to deliver much needed new housing in the short term. However, if we are truly going to tackle the housing supply crisis, we need to plan for beyond 2029.
“Sydney is one of the greatest cities in t
he world, so this is a really important discussion to help shape its future direction.
“For any plan to work, it must provide for housing diversity that reflects the needs and aspirations of the community. This includes apartments, townhouses and detached homes.
“Greenfield development continues to be a vital part of the housing mix, and it is essential that the plan includes a clear pipeline of affordable and serviced greenfield land beyond the current areas,” added Mr Armitage.
“Feasibility must also be front and centre as this is critical to getting keys in doors.
“HIA looks forward to working with the NSW Government on making sure that this plan achieves the right balance and provides for homes and communities that families not only want to live in but are affordable,” concluded Mr Armitage.
The Housing Industry Association (HIA) has called the passage of changes to negative gearing, capital gains tax (CGT) and self-managed super fund (SMSF) investment rules a major setback for housing supply, warning the measures should have been ‘red carded’ before being legislated.
The Courier Mail described the budget as being as bland as the chive and onion muffins served to those who ventured into the budget lock down but concluded while the budget was hard to love it was also hard to hate.
The new Buyer Protection laws will start on Wednesday, 1 July 2026 after an extraordinarily challenging process with numerous last-minute changes. HIA is providing this Member Alert to help members navigate the key ‘need to know’ on these new laws, with more detailed material to follow.
The Tasmanian Parliament has passed the First Home Owner Grant Amendment Bill 2026, confirming a $20,000 grant for eligible first home buyers who contract to build a new home.