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“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.
“However, to build the 11,000 homes that the Territory desperately needs, more workers of all forms are required including carpenters, bricklayers, concreters, tilers as well as key off site personnel including planners, designers, certifiers.
“HIA is calling on the next NT Government to implement a key program to build a strong workforce for the Territory centred around ‘attract, train and retain’.
“This involves a four-pronged approach including:
“Housing is intrinsically tied to economic growth and vice-versa. Kickstarting the Northern Territory’s economy will require attracting more people to the Territory and more people into the building industry.
“Simply put, more homes will translate into more business activity, more jobs and greater economy activity and growth for all Territorians,” concluded Mr Espinoza.
HIA’s Northern Territory 2024 Election Priorities can be accessed here.
New Housing Industry Association (HIA) analysis shows state and local governments are actively blocking housing supply while publicly committing to fix affordability.
The Housing Industry Association says recent global uncertainty is highlighting the unique pressures faced by Australia’s residential building industry, where fixed price contracts remain the norm.
“Tasmania recorded a modest improvement in detached home building at the end of 2025, as Australia’s housing construction sector showed clearer signs of recovery,” stated HIA Executive Director – Tasmania, Benjamin Price.
“There were over 10,000 multi-unit starts in New South Wales in the December quarter 2025, the highest since late 2018,” stated HIA Executive Director NSW Brad Armitage.