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“This 10-year land release plan will provide builders and developers with greater certainty on the long-term direction of Melbourne.
“The announcement follows an expansion of ‘activity centres’ where state-led planning controls will make it easier for planning approvals to be granted for medium density housing.
“HIA broadly supports these measures, as all forms of housing are needed to meet the Victorian Housing Statement target of building 800,000 homes over the next 10 years. This includes increased medium density, infill and greenfield housing – meaning all forms of housing will be required to meet this target and build these much-needed homes.
“Alongside this, industry needs all areas of policy working together to support greater housing supply and put downwards pressures on housing affordability.
“The industry continues to face a number of challenges in boosting housing supply, including the costs and time associated with delivering new housing, slow and restrictive planning approvals, and the continuing raft of cascading regulatory changes.
“Yesterday’s announcement is not the full answer but provides an important step forward in identifying a more structured approach to land supply to support greater housing delivery. The industry now needs to see this land release plan delivered and not hampered by other competing policy agendas, that stand in the way of builders delivering these much-needed homes,” concluded Mr Ryan.
Building approvals for dwellings in Canberra for the year to the end of March have shown some signs that the market may be turning the corner but still remain well below government targets.
“Australia has just seen its two weakest years of new home commencements in over a decade, meaning these ongoing shortages of skilled trades are not being caused by home building activity,” stated HIA Chief Economist, Tim Reardon.
“There were 48,620 new homes approved for construction in the first quarter of 2025, up by 20.8 per cent on a year earlier,” stated HIA Senior Economist Tom Devitt.
“The Housing Industry Association (HIA) calls on the newly elected Federal Government to make housing a first-order priority from day one, any delay or political grandstanding will only deepen the nation’s housing crisis,” HIA Managing Director Jocelyn Martin said today.