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“The priority given to focusing on streamlining regulators that interact with businesses in the construction industry is long overdue given the numerous agencies and often overlapping responsibilities.
“Equally the move to substantially cut red tape to let Victorian businesses get on with running and operating their business, rather than continuing to look over their shoulder at more new regulations, is welcomed and something HIA has long been calling for.
“Over recent years there has been major building, safety, small business, energy and planning reforms introduced and have created significant regulatory burden and increased complexity on building homes and running of businesses. Out of date and ineffective home building contract laws are also a significant problem.
“Industry across the board and particularly small business, are struggling under the weight and the cumulative impacts of these reforms and out of date laws.
“This substantial increase in red, white and green tape are hampering the delivery of new homes and adding to cost of living pressures.
“The commitment to halve the number of business regulators is especially welcome. This is a major step towards streamlining systems and processes for builders and homeowners in getting homes approved and delivered faster.
“The announcement also recognises HIA’s call for renewed investment in workforce skills. The investment in a Future of Housing Construction Centre of Excellence will play an important role in training workers in modern construction technologies, such as prefabricated and modular construction.
“If implemented carefully, the changes announced today have the potential to equip Victorian home builders with the skills they need and the processes they want when they interact with their regulators.
“Doing so will free up time, money and resources so they can focus on what they do best – build new homes,” concluded Mr Ryan.
“There were 9,490 detached homes approved in the month of April 2025, up by 3.3 per cent compared to the previous month,” stated HIA Senior Economist Maurice Tapang.
The Treasurer has handed down the 2025/26 Tasmanian Budget. The Budget focuses on alleviating cost of living pressures, health, education and infrastructure, while mapping out a path to a fiscal balance surplus in 2032/2033.
“The NSW planning system has failed to deliver the number of homes we desperately need and we fully support removing the politics from housing, to address this growing crisis,” said Brad Armitage, HIA Executive Director NSW.
The Victorian Opposition’s announcement that it would remove stamp duty for first-home buyers spending up to $1 million on a new or existing home if elected at next year’s state election, is a positive step towards improving home affordability,” says Steven Wojtkiw, HIA Victoria Deputy Executive Director.