Thanks @TimWilsonMP for hosting HIA members at APH today to hear about the taxation and red tape burden confronting Australian small businesses everyday, which is stopping us building the homes Australia needs.
Housing Industry Association (HIA)
@HIA_au
Official body of Australia’s home building industry.
268 Following 2.6K Followers 1.9K Posts
Latest posts 5
HIA’s September Trades Report shows skilled labour shortages persist across every surveyed market. Trade prices rose 6.6% over the year. Expanding the workforce remains essential to delivering the homes Australia needs. hia.com.au/our-industry/n…
New home sales fell by 17.5% for the Sept QTR against last year. Weak market sentiment prevails due to rising rates, economic uncertainty and the budget. An uptick in cancellation rates of already sold new homes is likely due to customers struggling to get final finance approval.
2 years of the Housing Accord and the Cth is 94,980 below target. That's 242,162 people not in a new home & $45b in lost GDP. States lost $11b in duty and GST, which would pay 43,455 essential workers.
Govt must take home building seriously - you won't tax your way to more homes.
Govt must take home building seriously - you won't tax your way to more homes.
Yesterday's interest rate rise will further reduce the number of new homes Australia builds at the time when increased supply is the only sustainable fix to Australia’s affordability challenge. tinyurl.com/h7ptjxdh