1. Cut Housing Taxes
Building a new home is expensive, with taxes, fees and charges making up nearly half the total cost in Sydney, and around 40–45% in Brisbane and Melbourne. Real estate analyst Terry Ryder argues slashing these government-imposed costs is essential to easing the housing supply crunch.
2. Incentivise Property Investors
Victoria is facing investor pullback due to heavy regulation, while Queensland’s price surge is pushing buyers out. REIV CEO Kelly Ryan warns that without incentives to keep investors in the market, rental shortages will worsen and rents will continue to climb.
3. Align Migration with Housing Supply
Australia’s rapid population growth has far outpaced new housing supply. Shadow housing minister Michael Sukkar calls for immigration and planning reforms to ensure housing capacity can meet demand—suggesting we need to overbuild for 10–15 years just to catch up.
4. Pause Construction Code Changes
To boost housing supply, the Coalition proposes a 10-year freeze on updates to the National Construction Code. The aim? To reduce red tape and rising building costs by halting new energy, safety, and design requirements that slow down development.
5. Fast-Track Modular and Prefab Housing
Modular and prefabricated homes offer a faster, more sustainable solution to the housing shortage. Property Council CEO Mike Zorbas says federal investment in this sector will help scale production and deliver affordable homes at pace.