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“HIA has strongly advocated for this reform, briefing Honourable Members in recent weeks on the urgency of addressing Tasmania’s housing shortage and the need for targeted measures to stimulate new construction,” HIA Executive Director, Benjamin Price said.
The Bill will triple the First Home Owner Grant to $30,000, giving Tasmanians greater support to build their first home and helping address the state’s housing shortages.
“The reform was critical to tackling housing pressures and supporting the construction industry.
“Tripling the First Home Owner Grant will help more people overcome the financial hurdles to building their first home, while driving new construction and creating jobs,” Mr Price said.
“This reform sends a strong message to builders, trades and homeowners that Tasmania is serious about tackling housing supply. It gives our industry the certainty to invest, employ and deliver the homes our communities need.
“We’ve been clear that Tasmania needs strong action to address housing pressures. This Bill delivers exactly that - support for buyers and confidence for our builders.
“Tasmania needs more homes, and this policy gives our industry the confidence and capacity to deliver them. With the Bill now passed, Tasmanians have a better opportunity to build locally, strengthening communities and boosting our economy.
“HIA welcomes the passage of this important Bill. It’s a clear signal that Tasmania is committed to building opportunity and supporting the delivery of more homes for our communities,” Mr Price concluded.
Over the past few weeks HIA has been advocating strongly on behalf of members on a range of policy and regulatory issues that have significant implications for housing supply, business confidence and the capacity of our industry to deliver the homes Australia needs.
The Housing Industry Association (HIA) has today written to the Tasmanian Government calling for a commitment that state-funded and state-partnered housing work will continue to be awarded on merit, not industrial arrangements, warning new federal procurement rules could shrink the pool of builders able to deliver the homes Tasmania needs.
The Victorian Government continues to push ahead with its Working from Home laws despite the Housing Industry Association’s (HIA) call for it to abandon its proposed legislation, warning the changes would impose additional regulatory pressure on businesses already struggling and kill productivity.
Hobart has been identified as the most restrictive capital city in Australia for planning, according to the Australian Zoning Atlas, which found 97 per cent of the city's residential land is subject to restrictions that limit new housing.