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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.
Notice is hereby given that the Annual Regional Meeting of Members of the Victoria Region of Housing Industry Association Limited will be held on Monday 16 February 2026 at HIA Cremorne Office – Level 1, 8 Gwynne Street, Cremorne, Victoria, 3121 commencing at 5.00pm.
The Victorian government has released today, on the stroke of Christmas for public consultation the draft regulations implementing parts of the Building Legislation Amendment (Buyer Protections) Act.
The Housing Industry Association (HIA) has congratulated the WA Cook Government on its strong economic management and decisive action to address housing supply challenges through the Mid-Year Budget Review.
“HIA is extremely disappointed with the Victorian government seeking to rush through their flawed buyer protection regulations during summer holidays,” stated HIA Victoria Executive Director, Keith Ryan.