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“Super-charging the first home owner’s grant and boosting funding for ongoing homeownership was a key priority for HIA at the 2024 election and it is positive to see Government delivering on this promise.
“Access to secure, affordable housing in the NT is an ongoing challenge for families and first homeowners and these grants serve to address the rising cost of housing in the top end.
“The HomeGrown Territory grants are an important initiative by the NT Government which will bolster home building activity, supporting local building, trade and supply businesses after several challenging years,” added Mr Espinoza.
“In addition to the HomeGrown Territory grants, HIA calls on Government to ensure it is removing all barriers to home ownership, including cutting red tape and taxation on housing, supporting skills and workforce development, as well as addressing known challenges with the Fidelity Fund NT.
“These and other forms of housing incentive programs are critical to boost housing supply and home ownership rates to support first home buyers, as well as existing homeowners, to build a life in NT.
“HIA will continue to support and advocate for policies that assist more prospective homeowners into housing and help them achieve their home ownership aspirations,” concluded Mr Espinoza.
“The Housing Industry Association (HIA) welcomes the release of the Queensland Productivity Commission’s interim report into construction productivity It is a significant and necessary step toward overcoming the housing supply challenges facing Queensland,” said Michael Roberts, HIA Executive Director Queensland.
“New home building approvals in the 2024/25 financial year were up by 13.9 per cent compared to their 2023/24 trough,” stated HIA Senior Economist Tom Devitt.
HIA is calling on the Federal Government to act urgently to support Australia’s building product manufacturers and suppliers, an industry worth more than $130 billion and critical to the delivery of new housing across the country,” HIA Managing Director, Jocelyn Martin said today.
With the delay to decisions on the content of NCC 2025, the ABCB has published a further amendment to the current NCC 2022 which applies from 29 July 2025. The purpose of this minor amendment is to align the NCC with recent changes to the Premises Standards which apply to Class 3 to 9 public buildings, common areas of Class 2 apartment buildings and short-term accommodation