HIA launches 2026 Victorian State Election Policy Agenda
The Housing Industry Association has released its policy agenda for Victoria's 2026 state election, urging political parties to address challenging conditions facing the housing and construction industry.
What is HIA calling for in Victoria's 2026 state election?
Builders, carpenters, and construction trades in Victoria may see policy changes affecting business conditions and regulatory environment after the 2026 election.
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Approvals reflect good momentum heading into 2026
Building approvals fell 3.4% in April, with detached houses down 0.9% and multi-units down 7.2%. HIA's Senior Economist Tom Devitt reported the figures.
Why it matters: Builders and carpenters should expect slightly reduced work pipeline in coming months as fewer new projects get approved across both house and apartment sectors.
Wage ruling will increase housing costs and hit small builders hardest
The Fair Work Commission has increased minimum award wages by 4.75%, which the Housing Industry Association warns will raise housing construction costs and particularly impact small building businesses.
Why it matters: Builders, especially small operators, will face higher labour costs that may be passed to clients or squeeze profit margins, potentially affecting project viability and competitive quoting.
2026 review of the Workers Compensation and Rehabilitation Act 2003
A 2026 review of Queensland's Workers Compensation and Rehabilitation Act 2003 is underway, with focus on balancing system improvements against impacts on housing affordability and industry sustainability.
Why it matters: All Queensland tradies (builders, plumbers, electricians, carpenters) will be affected as workers comp reforms could change insurance costs and claims processes, directly impacting business overheads and job pricing.