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“With the potential to provide over 20,000 new dwellings, over 9 sub-precincts, the 300-hectare site is one of the most exciting mixed use urban renewal projects in Australia.
“The opportunity to combine sport, entertainment, employment and housing will revolutionise the way we live, work and play.
“With an exceptionally high level of demand for residential building in the lower Hunter, the stage 1 state led rezonings will be a catalyst in alleviating pressures on the housing sector, delivering much-needed housing stock.
“Over the next 30 years the supply of diverse housing will have a significant impact on broader economic activity, which will in turn result in societal benefits.
“This precinct provides a once in a generation opportunity to be bold and ambitious,” Mr Jennion concluded.
The Housing Industry Association (HIA) welcomes the Northern Territory Government's release of the NT Housing Strategy 2026-2030, describing it as another positive step towards addressing one of the Territory's most significant economic and social challenges.
The Housing Industry Association (HIA) has welcomed the Northern Territory Government's release of the Housing Strategy 2026-2030, describing it as an important step towards addressing the Territory's housing shortage and supporting long-term economic growth.
This morning the new Victorian Premier announced his Cabinet. This member alert summarises the key changes and impacts of this announcement.
Simon Croft, HIA Chief Executive Industry and Policy, delivered the following opening statement in Melbourne today.