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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 RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
Housing Industry Association welcomes today’s announcement by the Cook Labor Government to review key aspects of the home building contracts legislation and provide the building regulator with additional powers to work with builders in distress.