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The Country Liberal Party (CLP) announced its HomeGrown Territory Program as part of its reply to the Labor Government Budget delivered this week. This forms part of the Opposition’s election promise to kickstart home building in the Territory.
“There are incentives put forward as part of the proposed program for new home building for both first-home buyers and non-first home buyers alike,” added Mr Espinoza.
“The HomeGrown Territory Grant is aimed at first home builders who will receive a $50,000 grant with no cap on build price. Non-first home buyers looking to build will also receive a grant of $30,000 under the FreshStart NewHome program.
“These home building incentives are welcome measures that will bring more people into home ownership as well as increase the Territory’s housing supply.
“First home buyers of existing dwellings will also receive a $10,000 grant with no cap on purchase price.
“The high cost of housing driven by a supply-demand imbalance reduces the opportunity for many households, particularly those buying their first home, to transition to home ownership.
“These much needed incentives will be crucial to both individual households as well as growing the Northern Territory’s population and economy.
“Housing is intrinsically tied to population and economic growth and vice-versa. Kickstarting the Northern Territory’s economy will require attracting more people and supplying adequate housing.
“In the lead up to the NT election this year HIA will be calling on an incoming Government to have a key agenda that supports the delivery of new housing and renovations and maintaining and growing a skilled workforce for the Territory,” concluded Mr Espinoza.
From today, every new home built in Tasmania must meet the full Livable Housing Design requirements. The Housing Industry Association says this adds thousands of dollars to the cost of building a home, at a time when Tasmanians can least afford it.
Changes to Western Australia's requirements for managing the risks of falls will commence on 1 October 2026, introducing new expectations for builders, contractors and workers undertaking tasks where there is a risk of falling.
As of today, 1 October 2026, all new building work in Tasmania, unless exempt, must comply with all requirements of Part H8 Livable Housing Design of NCC Volume Two.
“The ACT’s housing supply pipeline is weakening, with building approvals in the three months to August halving compared with a year earlier,” said HIA Executive Director ACT and Southern NSW, Geordan Murray.