Housing Supply Reforms Must Be Priority

Master Builders Australia strongly backs the focus by the Federal and State/Territory Treasurers on tackling housing affordability announced by the Federal Treasurer at the Council on Federal Financial Relations yesterday. “The working party to be chaired by Victorian Treasurer Tim Pallas is welcome recognition that increasing the housing supply is where the focus of government needs to be,” Wilhelm Harnisch CEO of Master Builders Australia said. “The core of the problem is to remove th...
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Housing Finance Data Highlights Need To Release Handbrake On The Housing Supply

“The latest housing finance highlights the urgent need for a national housing affordability agenda to increase the housing supply and ensure first home buyers are not locked out of the market,” Peter Jones, Chief Economist of Master Builders Australia. “Only by increasing supply can we solve poor housing affordability by exerting downward pressure on house prices. We need a policy response that works to release the hand break on new housing,” he said. “The industry remains confident th...
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9 Million New Homes To Meet International Report Projections

“Australia will need more than 9 million new homes to meet the needs of the population projected in the Intergenerational report released today,” Wilhelm Harnisch CEO of Master Builders Australia said. “The nation will need to more than double its current housing stock over the next 40 years to accommodate the expected 1.3 per cent in annual population growth,” he said. “The key challenge will be to tackle intergenerational housing affordability in order to preserve home ownership as a fun...
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