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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
HIA commented on the Explanation of Intended Effect for Standard and model conditions of consent (the EIE). It is understood the EIE explains the proposed amendments to State Environmental Planning Policy 2021 that will give effect to consistent conditions of consent for residential development across the state.
Home building approvals in Tasmania have climbed over the past year, though the numbers remain well below the level needed to meet demand.
The latest building approvals data shows the ACT residential building market remains subdued, with detached housing continuing to struggle and the momentum that emerged in the apartment market during 2025 now showing signs of fading.
“Building approvals for new houses in the month of June 2026 increased to its highest level since August 2021,” stated HIA Chief Economist Tim Reardon