The Housing Industry Association (HIA) is calling for the Albanese Governmentโs upcoming Economic Reform Roundtable to make cutting excessive regulation its top priority, warning that current policy settings are stifling productivity, innovation, and housing supply.
Treasurer Jim Chalmers will host the three-day roundtable at Parliament House in Canberra from 19โ21 August, with the aim of shaping measures to lift Australiaโs economic performance.
But HIA Managing Director Jocelyn Martin says any meaningful outcomes must start with tackling the layers of regulation she describes as โcrippling businessesโ – particularly in the home building sector.
Regulation blamed for housing affordability strain
Ms Martin said the home building industry supports the governmentโs focus on productivity, but warned that the cost and complexity of existing rules are undermining growth and worsening housing affordability.
โIndustry is sick of hearing โthatโs someone elseโs problem.โ Itโs a whole-of-government, industry and society problem,โ she said.
โEvery time new regulation is introduced, there should be corresponding cuts elsewhere.โ
She urged policymakers to assess the economic costs and benefits of all housing-related regulations and adopt a consistent approach across all levels of government.
Calls for faster approvals and consistent rules
Key reforms proposed by HIA include:
- A โOne House, One Approvalโ system to fast-track housing projects and clear the backlog of developments stalled in environmental approvals.
- Halting constant changes to the National Construction Code (NCC) and workplace health and safety rules, which she said often conflict between agencies and add unnecessary cost.
- Delivering a stable national energy policy that offers certainty, reliability, choice, and competitive pricing for the building industry.
Letting industry โget on with the jobโ
Ms Martin said Australiaโs ability to compete globally and attract investment depends on clearing the โroad blocksโ created by overregulation.
โThe most effective thing governments can do to boost innovation and productivity is stay out of the way and let business get on with business,โ she said.
She added that any reform commitments from the roundtable should include clear timelines to ensure industry can plan with confidence.