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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.
New federal anti-money laundering and counter-terrorism financing laws (AML/CTF laws) will take effect from 1 July 2026.
Housing Industry Association (HIA) has welcomed the Tasmanian Government’s commitment to set the First Home Owner Grant for new homes to $20,000, saying the measure will provide meaningful support to first home buyers while underpinning confidence in the state’s residential construction sector.
HIA successfully lobbied for an expansion of fast-track planning approvals in NSW. Now the NSW Government is proposing to introduce two new planning pathways designed to streamline the assessment process for for low rise residential development. These new pathways are part of the NSW Government's planning system reforms.
“New home sales in the month of April increased by 4.9 per cent despite rising interest rates and domestic and global uncertainty,” stated HIA Chief Economist Tim Reardon.