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The announcement forms part of the Albanese Government’s commitment to work with states and territories to help deliver up to 100,000 homes for first home buyers, with a focus on unlocking housing supply through targeted enabling infrastructure funding.
HIA Managing Director, Jocelyn Martin, said today’s announcement recognises that increasing housing supply is critical to improving affordability and one of the largest impediments to delivery of more housing faster, includes boosting funding for “key last’ trunk mile infrastructure.
“This announcement recognises that the fastest way to help first home buyers is to unlock more housing supply, and that means removing the infrastructure and planning barriers holding projects back,” Ms Martin said.
“HIA has consistently called for targeted investment that unlocks land, accelerates delivery and supports industry to build at scale, and we welcome the Commonwealth’s continued focus on supply.
“Builders often tell us that getting this key ‘last mile’ infrastructure is what holds many projects back from being delivered in a more-timely fashion, today’s announcement is a key plank in addressing that.
HIA Executive Director Tasmania, Benjamin Price, said builders across the state are ready to deliver more homes but continue to face constraints that delay projects and increase costs.
“Tasmania’s builders are ready to deliver, but too many projects are slowed by infrastructure constraints and delays outside their control,” Mr Price said.
“Any investment that helps unlock land, bring forward essential services and get homes to market sooner will make a real difference for Tasmanian first home buyers, and ease broader supply constraints.”
“Getting the fundamentals right - land, infrastructure and approvals - is the key to improving housing affordability in Tasmania,” Mr Price said.
HIA has long advocated for coordinated action across all levels of government to boost housing supply, including planning reform, streamlined approvals, investment in infrastructure and measures to expand the construction workforce.
“This welcome funding sends a clear signal to industry that governments are serious about boosting housing supply, and builders are ready to get on with the job of delivering more homes for Tasmanians.”
“The Housing Industry Association (HIA) welcomes today’s Federal Budget announcement of a half a billion dollar investment to modernise environmental approvals that will help deliver a faster, technology enabled and fit for purpose system that supports urgently needed housing supply,” said HIA Managing Director, Jocelyn Martin.
The Housing Industry Association (HIA) has welcomed the news that the 2026/27 Federal Budget will invest an additional $2 billion over four years to fund critical infrastructure, which will support the construction of up to 65,000 new homes.
The Housing Industry Association has warned that recycled proposals to restrict negative gearing or reduce the capital gains tax discount risk worsening Australia’s housing shortage by reducing investment into new housing supply.
The Federal Government today outlined a strong productivity focused agenda in this year’s Federal Budget, with targeted measures to support housing delivery and small business growth — reflecting long standing advocacy from the Housing Industry Association (HIA).