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“The announcement follows the release of the Approvals Fast-Track Taskforce’s inaugural Saying Yes to Business report, outlining 22 key recommendations and 70 actions aimed at reducing delays, duplication and complexity in the Territory’s regulatory system.
“The report confirmed what industry has been saying for many years,” said Mr Espinoza.
“We hear time and again from our members that lengthy delays and overly complex approvals processes are slowing down projects, increasing costs, and making it harder to deliver new homes in the Territory.
“With 95 per cent of businesses reporting significant delays in approvals, and almost 70 per cent saying there are unnecessary or duplicated steps in the process. This is a serious handbrake on investment and housing delivery.
“HIA has consistently called for a more risk-based and transparent approach to development approvals in the Territory, including through our advocacy to the Taskforce and ongoing consultation with Government.
“We are pleased to see the Government accept the vast majority of the Taskforce’s recommendations and signal a commitment to meaningful reform.
“Improving the timelines and certainty of approvals is critical if the Territory is going to meet any housing and population targets. This reform work must now lead to practical change on the ground.
“A focus on reducing regulatory touchpoints, increasing agency coordination, and improving decision-making timeframes would go a long way to rebuilding confidence in the system.
“This is a step in the right direction, and we look forward to working with the Government to ensure these actions are implemented effectively and with industry input every step of the way,” concluded Mr Espinoza.
Tasmanian Liberals re-elected in 2025 with new housing and construction policies. Tasmanians could benefit from $30,000 First Home Owner Grants, extended Payroll Tax Rebates for apprenticeships and reforms to speed up housing land supply and improve building regulations in Tasmania.
Over the past few days there has been a number of important housing announcements from the Federal government that HIA has been advocating for over several years.
“An average person leaving school today will have up to 15 different jobs in their lifetime. High school students, as they finish their senior school education, have an unlimited number of career options at their feet,” said HIA Managing Director, Jocelyn Martin, as part of the launch at National Skills Week.
Lenders Mortgage Insurance (LMI) isn’t the worst housing policy, but this week’s announcement by the Minister for Housing, Claire O’Neil MP, will lower rental prices, increase the supply of homes, without increasing demand, leading to lower home price growth, sometime after the next Federal Election.