Submission to inquiry into Australia’s financial regulatory framework and home ownership

Master Builders Australia welcomes the opportunity to make a submission to the Senate Economics References Committee inquiry and report into Australia’s financial regulatory framework and home ownership.

In this submission, Master Builders acknowledges the nature of Australia’s housing market with the overwhelming majority of the market being traded. Ongoing supply and affordability challenges are limiting housing tenure options and pushing more Australians into rental dwellings and social housing.

This is unsustainable.

The ability to deliver more housing is constrained by productivity and other barriers that in the view of Master Builders are key areas for reform.