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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.
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
Housing Industry Association welcomes today’s announcement by the Cook Labor Government to review key aspects of the home building contracts legislation and provide the building regulator with additional powers to work with builders in distress.