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“New housing is already suffocating under the weight of layers of red tape. This policy could unnecessarily restrict development which would further reduce housing supply and drive up the cost of new housing.”
A study by the Centre for International Economics found that already nearly half of the cost of a new house and land package is due to taxes, fees and regulatory costs.
“It is important that we achieve the right balance between the urgent need to increase housing supply and introducing protections for climate change adaption. We can’t just look at issues in isolation. It is a known fact in areas like Western Sydney that get quite cold in winter, a dark roof actually helps to improve the overall energy rating of the house.
“The devil is in the detail, and the problem is that the proposed policy the government has consulted on so far has no detail. It is impossible to determine what the impacts of the proposal will be,” added Mr Armitage.
HIA is calling on the Government to make the full Draft SEPP Instrument available for public consultation. A comprehensive Regulatory Impact Assessment process must also be conducted to properly consider the broad ranging impacts of the proposed policy.
“The recent planning reforms will be game changing in terms of supporting housing delivery. This proposed Climate Change and Natural Hazards SEPP though is potentially a massive step backwards,” concluded Mr Armitage.
The Federal Government has announced that the Australian Taxation Office (ATO) will continue to accept credit card payments for tax liabilities until the end of the 2026-27 financial year, delaying changes that were previously due to take effect on 1 December.
The Housing Industry Association (HIA) welcomes the Federal Government's stepping in and agreeing to delay the Australian Taxation Office's (ATO) proposed ban on credit card payments, providing builders, tradies and suppliers with much-needed breathing space while a longer-term solution is developed.
The Housing Industry Association (HIA) says the Victorian results in the HIA National Housing Accord Update released yesterday, while not as poor as some other states, highlight the urgent need for a reset in housing policy after the upcoming state election.
HIA’s annual Safety Summit is being held today in Adelaide (8 October) and will bring together industry leaders, regulators and workplace safety experts, providing practical guidance to help residential builders and tradies create safer worksites and support compliance in an ever-changing world.