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Proposed changes to negative gearing and capital gains tax would worsen Australia’s rental crisis by reducing the supply of housing and putting upward pressure on weekly rents, Housing Industry Association (HIA) Managing Director Jocelyn Martin said today.
The ongoing situation around fuel supply and pricing is continuing to evolve rapidly. These issues are impacting project timelines and the cost of materials through price increases and fuel or transport surcharges from suppliers. I acknowledge the difficulties this uncertainty creates for businesses across our industry.
The Housing Industry Association (HIA) has lodged its initial submission to the Fair Work Commission's 2026 Annual Wage Review (AWR), calling for a 3.5 per cent increase to the National Minimum Wage - and warning that any higher determination risks crushing the small builders Australia is counting on to solve the housing crisis.
Events in the Middle East are currently having a significant impact on the building industry. Members have reported price increases to HIA across a wide range of building projects and industry services.