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{{propApi.successMessage}} {{region}} Change locationFirst homeowner boost key to rebuilding the Territory (NT)
First homeowner boost key to rebuilding the Territory (NT)
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“This follows a similar commitment from the Country Liberal Party (CLP) of a HomeGrown Territory Grant for first home builders to receive a $50,000 grant and those looking for a fresh start able to access a $30,000 grant.
“These home building incentives are welcome measures, that will bring more people into home ownership as well as increase the Territory’s housing supply.
“HIA is pleased to see both parties placing housing as a key focus ahead of next month’s election and announcing additional support for first home buyers, for which HIA has been advocating for extensively, and will continue to do so in the lead up to the election.
“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 economic growth and vice-versa. Kickstarting the Northern Territory’s economy will require attracting more people and supplying adequate housing.
“HIA launched our 2024 election priorities document this week, that has a primary focus on housing as a key plank to rebuilding the Territory which would in turn help create a stable and flourishing industry.
“By supercharging the building industry, it would bring with it key economic opportunities for the Territory including the creation of new and exciting jobs.
“In turn it would support greater retail activity, substantially stimulate the economy and ultimately house the future Territorians.
“In the lead up to the NT election this year HIA will be calling on an incoming Government to have a key agenda that substantially boosts the delivery of new housing, provide a wide spread renovation and upgrade program, doubling down on public housing builds and maintaining and growing a skilled workforce for the Territory,” concluded Mr Espinoza.
HIA’s Northern Territory 2024 Election Priorities can be accessed here.
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SafeWork and Building Commission NSW could visit at any time
A reminder that SafeWork and Building Commission NSW are on the ground visiting residential construction sites every day to check safety and compliance.
Senate Inquiry EPBC Reform Implementation
Opening statement by HIA Chief Executive Industry & Policy, Simon Croft
HIA calls for bold housing reforms in 2026–27 ACT Budget
The Housing Industry Association (HIA) has called on the ACT Government to use the 2026/27 Budget to reset the Territory’s approach to housing supply, land release and business competitiveness, warning that current policy settings are constraining new home building and worsening affordability and forcing more home owners and businesses to look over the border to NSW to call home.
2026-27 Budget Submission to the ACT Treasury
HIA provided the 2026-27 Budget submission with key objectives and recommendations to the ACT Treasury.