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“Media reports today following the release of the Western Sydney Building Blocks report by the UDIA have again underlined the lack of infrastructure as a key roadblock contributing to a lack of land supply.
“With the median price of land in Sydney now at a staggering $710,000, the ongoing shortage of available and serviced greenfield land will only continue to drive the costs of land up further.
“The recent Centre for International Economics Report on taxation in the housing sector, commissioned by HIA highlighted that the average house and land package in Sydney is subject to a whopping $576,000 in government taxes, regulatory costs and charges.
“The cost of land together with the high cost of government taxes and charges is putting home ownership out of reach for many families. It is critical that governments reinvest funds collected from the taxes and charges on new homes into the infrastructure needed to unlock more land and help put drive down the cost of buying a home.
“Greenfield housing must continue to be an important component of the housing mix if we are going to build 377,000 new homes. New apartments in existing areas alone are not going to be enough.
“We need to build more houses everywhere, of every type, for everyone,” concluded Mr Armitage.
The Housing Industry Association (HIA) has welcomed the Queensland Government's announcement of a new Queensland Housing Code and practical updates to the Modern Homes Standards, describing the reforms as an important step towards making it easier and more affordable to build new homes.
The Housing Industry Association (HIA) has proudly recognised the next generation of Western Australia's residential building workforce at the 2026 HIA-Stratco WA Apprentice Awards, celebrating apprentices and trainers whose talent, dedication and ambition are helping build the future of the industry.
HIA commented on the proposed State-wide Flood Hazard Code Amendment and welcomes the significant reduction in the application of the Hazards (Flooding – Evidence Required) Overlay through improved flood studies and more detailed mapping.
The Northern Territory's housing market continues to outperform many parts of the country, with strong dwelling price growth, rising building approvals and sustained investment activity demonstrating confidence in the Territory's future.