Urban Development Institute of Australia (UDIA) represents the entire range of housing development from institutional housing providers (at approximately 20% of the housing delivered), as well as the large and small-to-medium sized enterprises that deliver around 80% of the rest of the housing. The development and construction industry delivers 9% of Australia’s GDP and creates jobs for 1.307 million Australians. Every dollar invested into housing construction delivers $2.90 in broader economic activity.
Our members deliver the majority of affordable market housing across Australia. Much of the housing created by our members is sold near or below median house prices and relies on the operation of a competitive market.
UDIA is long standing champion for innovations that remove key barriers to housing delivery and home ownership. The issues impacting at-market housing, rental, affordable and social housing are all linked because they operate in the same market for land, infrastructure and material supply, labour capacity, planning and environmental approvals as well as tax and financial regulation. The Government must provide solutions for the whole housing continuum or any gains in one housing sector will be eroded by runaway imbalances in other sectors.
Our full submission can be found at the download link below: