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{{propApi.successMessage}} {{region}} Change locationMore homes and tradies needed to capitalise on Defence investment
More homes and tradies needed to capitalise on Defence investment
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“To capitalise on these opportunities the NT Government needs to ensure key policies and investment are made now to address current and future housing shortages and workforce skills gaps,” said Luis Espinoza, HIA Executive Director, NT.
“The construction industry is already facing significant skills shortages and there is a demonstrated need for more housing right now and those pressures will only increase with the additional investment.
“This emphasises the need for targeting policies across Government to address these key matters. This includes opportunities for red tape reduction, first home building incentives, planning reforms to streamline approvals, apprentice grants and support schemes for training providers to deliver and train the future workforce.
“The coordination of these policies is critical as is working with key industry bodies like HIA, to build the capacity of the construction industry to take full advantage of these opportunities.
“Industry bodies, and RTO’s such as HIA are ready, willing and have the capacity to train the future workforce of the NT and to bring more apprentices and workers through the door right now.
“The NT Government needs to be working closely with the housing industry to build our skills, homes and industry capacity now to be prepared for what the future 2-5 years demand will bring,” concluded Mr Espinoza.
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Signs of a pulse in Canberra building approvals
Building approvals for dwellings in Canberra for the year to the end of March have shown some signs that the market may be turning the corner but still remain well below government targets.
Low volume of home building but labour shortages linger
“Australia has just seen its two weakest years of new home commencements in over a decade, meaning these ongoing shortages of skilled trades are not being caused by home building activity,” stated HIA Chief Economist, Tim Reardon.
Building approvals strengthen in March quarter
“There were 48,620 new homes approved for construction in the first quarter of 2025, up by 20.8 per cent on a year earlier,” stated HIA Senior Economist Tom Devitt.
New Government must put housing as first order of business
“The Housing Industry Association (HIA) calls on the newly elected Federal Government to make housing a first-order priority from day one, any delay or political grandstanding will only deepen the nation’s housing crisis,” HIA Managing Director Jocelyn Martin said today.