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“HIA has been calling for all levels of government to find ways to accelerate the delivery of essential infrastructure needed to unlock pathways for the construction of new homes across Greater Sydney and regional areas,” said Brad Armitage NSW Executive Director.
A works-in-kind agreement will allow a developer to dedicate land for public purposes or deliver an infrastructure project, such as a state road or school, instead of paying a Housing and Productivity Contribution.
Mr Armitage also highlighted that “it would be beneficial if this type of works-in-kind approach could be more widely applied to local infrastructure contributions as well.
“As always, HIA stands ready to work with all levels of government to find ways to speed up the delivery of essential infrastructure, so that the housing industry can move forward and build more homes,” concluded Mr Armitage.
“Home building materials have continued to experience only modest cost increases, up by 1.6 per cent in the 2024/25 financial year,” stated HIA Senior Economist, Maurice Tapang.
“Today’s interim report from the Productivity Commission overwhelmingly backs what HIA has long been saying - that the regulatory burden on businesses is getting worse in this country and there is need for a major overhaul on the approach to regulation,” said HIA Managing Director, Jocelyn Martin.
“The Housing Industry Association (HIA) welcomes the release of the Queensland Productivity Commission’s interim report into construction productivity It is a significant and necessary step toward overcoming the housing supply challenges facing Queensland,” said Michael Roberts, HIA Executive Director Queensland.
“New home building approvals in the 2024/25 financial year were up by 13.9 per cent compared to their 2023/24 trough,” stated HIA Senior Economist Tom Devitt.