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“This funding aims to deliver 270 new homes each year over the next 10-years and provide a steady supply of new hosing in remote communities to assist with easing some of the current overcrowding crisis experienced.
“As well as increasing the supply and supporting improved housing outcomes in the NT, this injection of funding will also create local employment opportunities in the NT and provide some added economic stimulus for the Territory.
"In HIA’s recent submission to the NT 2024-2025 Budget, we highlighted the need for all levels of Government to work together to increase housing supply across all forms of the Housing Continuum.
“Equally, we called on the Government to look at measures to address the current skills shortages in the Territory including supporting more apprentices and other workers into the industry.
“Off the back of yesterday’s announcement, it reinforces the need for the Federal and Territory Government to work with industry on complementary policies to ensure these much-needed homes can be built in a timely manner.
“Together with the right policy settings to support the delivery of more private and other forms of housing in the NT, where there is also a significant under supply of presently,” concluded Mr Espinoza.
The following is attributable to Tim Reardon, HIA’s Chief Economist
October is National Safe Work Month, which is an important time for both employers and workers to focus on, and commit to, promoting safe and healthy workplaces, according to the Housing Industry Association (HIA) Chief Executive – Industry & Policy Simon Croft.
The latest figures from the Australian Bureau of Statistics (ABS) show that while new home building approvals in the ACT have lifted slightly in 2025, the pace of growth remains far too slow to meet the territory’s housing needs.
HIA have been lobbying for changes to streamline the process which will allow certifiers to issue Certificates of Occupancy (CoO).