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{{propApi.successMessage}} {{region}} Change locationVision for development welcomed by housing industry (ACT)
Vision for development welcomed by housing industry (ACT)
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“We currently have a housing crisis in the ACT, and part of the solution is to identify and start work on a sustainable pipeline of land for residential building in the ACT,” said Greg Weller, HIA Executive Director ACT & Southern NSW.
“Last financial year the ACT approved the lowest number of detached houses since records started in the 1960’s. Over recent years when the Suburban Land Agency conducts a ballot for land, it is not uncommon for these to be oversubscribed by thousands. That tells us we have a problem.
“Kowen Forest is a good solution and identifying a long-term pipeline of land is something that we have been calling for in our pre-election housing priorities, to take the pressure off Canberrans who currently feel like every land sale will be the last.
“The current Indicative Land Release Program is too short a horizon, is not transparent enough and does not report against its success.
“The ACT has to accept that the current approach to planning is pushing families into surrounding developments in NSW, putting more cars on the road for longer, potentially negating some of the environmental benefits they are seeking to achieve. The ACT also misses out on revenue through land tax, rates and registrations.
“We continue to support increasing density within the city’s existing footprint and have long said that the discussion shouldn’t be one or the other regarding infill or greenfield. So, we also encourage a future government to look at existing limitations such as the Lease Variation tax on new housing in existing suburbs.
“If the city is to keep growing as planned, we need bold and clear statements as to how and where that will happen,” concluded Mr Weller.
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Housing progress at roundtable important but more work to do
“The Housing Industry Association (HIA) is pleased to see housing feature prominently at this week’s Economic Reform Roundtable particularly on cutting excessive red tape and streamlining environmental approvals, but as Treasurer Jim Chalmers has indicated more work is needed on easing housing construction,” said HIA Managing Director, Jocelyn Martin.
HIA welcomes $50 Million Housing Support Package for Flood-Hit Residents
“As an industry association whose members are embedded in the Hunter and Mid North Coast communities, HIA welcomes the $50 million Housing Support Package announced by the Albanese and Minns Governments,” said HIA Hunter Executive Director Craig Jennion.
HIA welcomes $300 million plantation grant to boost timber supply
“The Housing Industry Association (HIA) welcomes today’s announcement by the Albanese Government in providing $300 million to support Australia’s future wood supply to meet increasing housing needs across the country,” said HIA Managing Director Jocelyn Martin.
HomeGrown grant key to rebuilding the Territory
“Today’s announcement on the successful take up of the HomeGrown Territory grant highlights the importance of this key housing support scheme that is spurring economic growth and kickstarting home building across the Territory,” stated HIA Executive Director - Northern Territory, Luis Espinoza.