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HIA has provided the Federal government with our 2022-23 pre-budget submission setting out a range of funding and policy commitments aimed at improving housing supply and affordability.
Budgetary changes proposed to increase stamp duty, land tax and introduce the windfall gains tax on land uplift value from a rezoning.
Northern Territory government announced that any significant and complex building work that requires building approval will need to have its structural design reviewed.
A significant increase in the price of land indicates that supply is not keeping pace with demand