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“At today’s Senate Economics Committee Inquiry into residential electrification, HIA advised that this issue requires careful assessment of the current market conditions as well as the need to consider workforce implications and transitional issues.”
”HIA put forward a detailed submission to this Inquiry highlighting the importance of holistic consideration of the issue and that the focus should be on creating market conditions conducive to voluntary electrification including incentives for homeowners and industry.
“Alongside this, we recommended that there is a significant opportunity to improve the performance of Australia’s 8-10 million existing housing stock and this could result in significant energy bill savings and emissions reduction savings.”
“Our submission provided 14 practical and meaningful recommendations that should be pursued by Governments.
“Among them that governments undertake regulatory and market analysis on demand side assessment for electrification, the need for a comprehensive cost benefit analysis of any proposed reforms, providing incentives to support voluntary uptake, support for industry research and innovation and detailed examination of workforce and transitional matters,” concluded Mr Croft
HIA’s Submission to the Senate Inquiry into Residential Electrification can be accessed here
Despite the nation falling behind in its housing targets, the Federal Government has left apprentices and employers in limbo with uncertainty of funding beyond Christmas, says the Housing Industry Association (HIA).
“Home renovation activity nears record high, boosted by rising home prices and low unemployment,” stated Tim Reardon, HIA Chief Economist.
“Today is a great day for the housing industry in NSW with passage of the Planning System Reforms Bill 2025 through parliament,” said Brad Armitage, HIA NSW Executive Director.
Starting 1 July 2026, domestic building insurance (DBI) will only be available through the Building and Plumbing Commission (BPC), which has replaced the VMIA in providing this product.