January 14, 2019
The Year Ahead
As we welcome in the New Year, it’s a good time to reflect on what we can expect for the Housing Industry for 2019.
Whilst 2018 was another record year of activity in Victoria, and work in the pipeline is expected to continue in the short term, HIA’s updated forecasts are showing that building activity in Victoria will continue to cool into 2019. The building industry is a major driver of economic activity in Victoria so this will no doubt impact the Victorian economy this year.
Latest Building Approvals data from the ABS shows a decline in building approvals for housing in Victoria in November. Total approvals fell by 14.6 per cent in the month of November 2018. Approvals for detached houses declined by 6.1 per cent while approvals for multi-units homes fell by 25.8 per cent during the month.
Click here for the latest HIA media release
What else to expect
Other issues for 2019 will include the development of regulations for registration of trades and licensing of employees, a new building permit numbering system and it is more than likely we will see some movement towards new mandatory continuing professional development requirements. Amendments to the National Construction Code for 2019 will be made.
More broadly, the Governments election policies from late last year included plans to introduce industrial manslaughter provisions. More specific planning and housing matters include new standards for apartment buildings, local planning reforms and effective local government administration have been promised.
Also, Labor’s policy platform included plans for improving the energy efficiency of Victorian building stock and support for renewable energy and storage development through planning laws, together with social housing reforms which will focus on supporting, maintaining and growing Victorian’s public housing stock, increasing affordable housing agreements between local government and developers, and inclusionary zoning principles, together with greater support for more community housing stock.
So we may see some of these matters commence as well.
You can be assured HIA is working hard to produce outcomes for members in all of these key areas.