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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 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.