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“The early success of the EOI process demonstrates that the housing industry is eager to move forward with bigger projects that can side-step the slow council approval system,” said Brad Armitage HIA Executive Director NSW.
“The influx of EOI applications shows that there are many viable housing projects out there and is evidence that the housing industry needs to have more flexible, faster approval pathways. The more approvals we can shift away from councils, the more new homes we can build.
“There are also steps that can be taken to ease up the backlog for lower density housing approvals in council, by increasing complying development. HIA is a great advocate for complying development pathways to speed-up planning approvals, saving money, and improving affordability for new home buyers.
“HIA stands ready to work with the NSW Government on improving the approach to housing approvals so that the industry can move forward and build more homes,” concluded Mr Armitage.
“Australia’s population reached 27.4 million by the end of 2024, up by 445,900 people, or 1.7 per cent for the year,” stated HIA Senior Economist, Tom Devitt.
The Tasmanian election that no-one wanted to have is in full swing, and while the limited campaign period is unlikely to provide the usual platform to promote key policies and reforms, HIA is calling on both major parties to prioritise housing policies given the significant challenges across the state.
“Our dated and complex planning system is littered with speed bumps that could easily be removed”, said Brad Armitage, HIA NSW Executive Director.
“The Victorian government’s proposal to update home building contract laws to make them fit for use in the 21st century is welcomed by HIA,” stated HIA Executive Director, Keith Ryan.