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“Much of the building activity for detached homes is also being delivered over the border and this is locking more and more Territorians out of the market and driving up house and rental prices.
“HIA strongly believes that with a few simple planning changes and improved accountability for land supply, the ACT can significantly increase the number of dwellings built in the capital each year.
“The industry welcomes the new Territory Plan and the approach of creating an ‘outcomes-based’ planning system to improve the built form in the Territory, however, we can’t see it inherently increasing the supply of dwellings,” said Mr Weller.
To increase density The ACT must:
“The lack of affordable land in the ACT continues to constrain the delivery of housing at an affordable price. While the Indicative Land Release Program (ILRP) is projecting blocks for around 21,000 dwellings will be released over the next 5 years, there is very limited detail as to the type of dwelling.
“There is also no accountability to the public and industry as to whether this is achieved.
“The ILRP must improve the capacity of the ACT to forecast new development by increasing its horizon to 15 years and report against performance annually,” concluded Mr Weller.
The Housing Industry Association’s Chief Economist, Tim Reardon, said the Reserve Bank of Australia’s latest decision to increase interest rates reflects the ongoing challenge of bringing inflation under control, but warned that higher rates will further restrict the supply of new homes.
Standing on a construction site with work well underway, the Housing Industry Association (HIA) Tasmania today joined Treasurer Eric Abetz MP in welcoming the impact of the Tasmanian Government’s First Home Owner Grant, recently tripled to $30,000, which is already helping more Tasmanians build their first home.
HIA commented on the Climate Change and Natural Hazards State Environmental Planning Policy Explanation of Intended Effect (February 2026), a submission to NSW Government.
A proposed WA law aims to scrap Project Bank Accounts and introduce automatic construction trusts for State Government projects over $1.5 million. The reforms promise simpler payment processes - but also tougher, ongoing financial scrutiny for builders. Here’s what it could mean for your business.