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“Today’s announcement of a $10,000 incentive to boost the number of skilled workers in key housing trades is a welcomed response to the crippling labour shortages the residential building industry has been faced with for decades. HIA has long called for milestone apprentice incentives to grow the domestic workforce,” said HIA Managing Director Jocelyn Martin.
“The median price of land in Sydney is now a whopping $710,000 as people continue to show greater interest in more affordable markets such as the Hunter and Illawarra,” Brad Armitage, HIA Executive Director NSW, said today.
“The median price of land sold nationally increased by 7.6 per cent compared to the previous year, much faster than the rise in the cost of other goods and services in the economy,” stated HIA Economist Maurice Tapang.
“Australia commenced construction on just 43,250 new homes in the first quarter of the 2024/25 financial year,” stated HIA Senior Economist Tom Devitt.
The housing industry and home owners are set to benefit from the Federal government’s budget. There will be an increase in placements for the Home Guarantee Scheme and extensions to the Indigenous Home Ownership Scheme and apprentice commencements.
HIA's award program provides home builders and designers the opportunity to receive recognition, and showcase their work to the broader industry. Our information session provides all the information needed to create a professional entry.
A series of workshops or seminars that offer an in-depth look at industry and policy changes that could impact on your business and how HIA can help you.
Learn the latest residential construction trends at our State of the Nation. Make better business decisions after hearing key presenters from HIA’s Economics as well as guest speakers.
Join our online workshop for International Women's Day 2025 to explore frameworks and skills for building psychologically safe, inclusive, and diverse teams. Learn how to drive innovation, boost engagement, and create success in the future of work.