The Housing Industry Association (HIA) backed the Coalition's policy to reform negative gearing by limiting mortgage interest deductions to newly built homes, arguing that it would spur new construction. HIA’s managing director highlighted the potential for initiating new home construction, despite concerns that such measures predominantly benefit wealthier buyers and may exacerbate housing affordability issues.

The Housing Industry Association released its Affordability Index report on June 23, 2023, highlighting the decline in housing affordability and urging the federal government to pass the Housing Australia’s Future Fund Bill 2023. The report emphasizes that legislative reform and tax policy changes are necessary to improve housing data, affordability forecasting, and ultimately, the supply of new homes.

A research paper details how the Housing Industry Association engaged in behind‐the-scenes lobbying to influence government policy in the housing sector, favoring rental investors and owner-occupied arrangements over social housing initiatives. The analysis suggests that this activity helped maintain an inequitable funding structure in Australian housing policy.