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“Earlier this year National Cabinet committed to building 1.2 million homes over the next 5 years. To build these much needed homes, it is critical that we have the key skills and workforce in place to enable us to achieve this target.
“This investment is a key plank in addressing the skills shortages, strengthening our VET sector and training and upskilling workers into national priority areas including construction.
“Part of this agreement includes the establishment of nationally networked Centres of Excellence involving partnerships between TAFEs, universities, Jobs and Skills Councils and industry,” added Ms Martin.
Whilst broadly supportive of these targeted ‘Centres of Excellence’ which can focus on key skills gaps, HIA stresses the importance of the Australian Government broadening the focus beyond TAFE’s to also recognise the key role played by industry specific training organisations.
These organisations deliver training developed by industry for industry and also have the capacity to deliver targeted skills in regional areas.
Included in the $12.6 billion funding is $100 million to support, grow and retain a quality VET workforce, $250 million to improve VET completions including women and others who face completion challenges and $142 million to improve foundation skills training capacity, quality and accessibility.
“The National Skills Agreement promises to deliver much needed changes to the VET system and the opportunity to target skills and reforms which will make a difference to our industry and our capacity to deliver on the Government’s plan to build 1.2 million homes,” concluded Ms Martin.
The Bureau of Meteorology has officially forecast Tropical Cyclone Fina to reach Category 3 intensity. There is a Cyclone warning currently in place for Top End coastal communities, including Darwin. Strong gale winds and rain are expected, as well as storm surge or tides.
“The volume of new homes sold in Australia fell by 9.0 per cent in the month of October 2025 but remains at a three-year high,” stated HIA Chief Economist, Tim Reardon.
Opening statement by Simon Croft, Chief Executive Industry & Policy
The ACT has earned the unenviable title of ranking last in the nation for housing supply, according to the latest Housing industry Association (HIA) quarterly national scorecard.