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HIA Executive Director Tasmania, Benjamin Price, said the escalating conflict involving Iran is already pushing up fuel, freight and material costs.
“This conflict didn’t create our housing shortage, but it could make it harder to fix,” Mr Price said.
“Fuel spikes hit construction immediately, from transport to materials, and flow straight into affordability.”
Mr Price said early warnings of rising costs for polymers, resins, plastics and energy intensive materials such as concrete and steel show why certainty matters. He also warned that higher input costs pose real risks for builders operating on fixed price contracts.
“During the pandemic we saw how unexpected cost increases hit builders locked into fixed price contracts. Many businesses are still recovering, we can’t afford a repeat.
“The Government’s move today aims to give Tasmania better visibility and faster response powers. It’s a practical step in uncertain times.”
With a national target of 1.2 million new homes, Mr Price said avoiding further cost pressures is essential.
“Higher fuel prices affect every builder and tradie on the road. Governments must avoid new taxes or red tape that make building more expensive.”
The Housing Industry Association (HIA) has welcomed today's election commitment by Labor to build two new TAFEs and upgrade existing training facilities, describing the investment as an important step towards addressing Victoria's construction skills shortage.
Opening statement by HIA Managing Director, Jocelyn Martin for the Inquiry into Treasury Laws Amendment Bill (Tax Reform No. 3) 2026 and Income Tax Rates Amendment (Minimum Tax on Discretionary Trusts) Bill 2026.
HIA has been actively advocating on behalf of members for the urgent commencement of South Australia's scrap metal dealer legislation. This is to address the ongoing issue of stolen scrap metal, particularly copper, which continues to cause delays and costs for residential building sites across the state.
Builders and small business owners from across the ACT and Southern NSW will head to Parliament House today to deliver a clear message to policymakers: don't make it harder for the businesses building the homes Australia needs.