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“Without an employer, there is no apprentice and the financial incentives that have been in place have proved invaluable to helping the construction industry to access more workers,” added Ms Martin.
“The Housing Industry Association (HIA) sought the continuation of these incentives. The shortage of skilled trades remains more acute than at any time prior to the pandemic and is a barrier to increasing supply of new homes.
“The Federal Government’s $11.3 billion ‘Homes for Australia’ Plan and commitment of $90.6 million to support fee-free training for apprentices, pre-apprenticeships and skills assessments for overseas workers, will assist in addressing the shortage of skilled trades people and increasing supply.
“The boost to investment in more social, affordable and community housing alongside infrastructure and skills funding boosts is another contribution to increasing the supply of homes.
“The $1 billion towards unlocking key infrastructure delivery by states and territories including water, electricity, sewer infrastructure is an important step to unlocking land for new homes.
“HIA has called on the Government to double its infrastructure funding for states and local councils to enable them to get homes shovel ready faster, so it is pleasing to see this included in the budget” concluded Ms Martin.
The Housing Industry Association (HIA) has welcomed the focus on housing in the 2025/26 ACT budget to be handed down tomorrow, according to HIA Executive Director for ACT & Southern NSW, Greg Weller.
"Today's announcement of skills funding in the upcoming budget is welcomed by the housing industry," said Brad Armitage, HIA NSW Executive Director.
HIA welcomes the release of the NSW Government’s draft Guideline to speed up the delivery of new homes and infrastructure through works-in-kind agreements with developers.
“Australia’s population reached 27.4 million by the end of 2024, up by 445,900 people, or 1.7 per cent for the year,” stated HIA Senior Economist, Tom Devitt.