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ACT and Southern NSW
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Todays building approval figures paint a challenging picture for the residential construction sector in the ACT, with a 7.3% decrease in approvals over the twelve month period to the end of June 2024, against the year before.
This includes a whopping 28.7% decrease in the number of detached homes approvals, falling to 901 from 1,263 in the previous twelve months. Total homes approved in the ACT was 4,695.
The picture is even bleaker for commencements, with only 4,142 dwellings started in the twelve months to March 2024, down 12.9% from the same period a year before.
Over the weekend the ACT Labor Party released their housing platform for the upcoming election, which includes the ambitious commitment to 30,000 homes by the end of 2030. It cites the new outcomes focused planning system and the development of new land including CSIRO Ginninderra and Thoroughbred Park as key contributors to reaching this goal.
To date there is no evidence to judge whether the new planning system will deliver more homes, or just influence what is built and where, and it seems optimistic that these sites will be making a meaningful contribution to housing supply even by the end of the decade.
Regardless, in the absence of reform to taxation such as the lease variation charge, and the ever-spiraling red tape and costs to building and development, such as developer licensing and changes to the National Construction Code, new home building will continue to stagnate. At the current rate of new home starts, this lands the outcome at around 5,000 dwellings short by 2030.
Greg Weller
Executive Director
ACT and Southern NSW
Draft Code of Practice - Managing the risk of falls in housing construction (WA)
HIA provided feedback on the Draft Code of Practice - Managing the risk of falls in housing construction (Draft Code), as released for public consultation in September 2024.
Merlin Constructions wins HIA-CSR Tasmanian Home of the Year
Merlin Constructions has won the 2024 HIA-CSR Tasmanian Home of the Year for Hinsby Hill, a stunning home delivered to the highest level of design, quality construction and detailing, overlooking natural bushland.
Planning and tax reform important steps forward for Victoria
“The Housing Industry Association (HIA) welcomes the Victorian government announcement of a 12-month cut to stamp duty for all off-the-plan units, townhouses and apartments,” HIA Executive Director, Victoria, Keith Ryan said today.
HIA-CSR Hunter Housing Awards winners announced
Custom Built Projects won the pinnacle award at the 2024 HIA-CSR Hunter Housing and Kitchen & Bathrooms Awards, being presented the HIA-CSR Hunter Home of the Year award for a project described as a ‘tranquil sanctuary’.
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National Construction Code 2022
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NCC Update: New Building Code Requirements
Learn about the latest NCC 2022 condensation requirements that will be implemented 1 October 2024.
Industry Information Roadshow
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HIA Industry Info Roadshow Coffs Harbour
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HIA-Jonox Annual Golf Day
There’s more to a round of golf at a HIA Golf Day than just a relaxing hit of the ball. Catch up with industry friends or make new ones in an enjoyable environment.
HIA Awards
HIA Awards provide home builders and designers the opportunity to receive recognition, and showcase their work to the broader industry. Winners and finalists not only receive extensive media promotion for their business, they also get the opportunity to promote themselves as an industry leader.
Previous winners
Home of the Year
Winner: Prostyle Building Group
Display Home
Winner: Classic Constructions
Project Home
Winner: Hotondo Goulburn
Renovation / Addition Project
Winner: Prostyle Building Group
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NCC 2022: Condensation Management
Learn about the essential details of the NCC 2022 changes to condensation mitigation.
Waterproofing Wet Areas - What, Where and How
Gain an understanding on the NCC hierarchy and the what, where and how of waterproofing.
NCC 2022: Livable Housing
NCC 2022 includes requirements for all houses and apartments to meet new livable housing design requirements. Find out more about these important changes and how they may affect you.
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