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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.
A reminder that SafeWork and Building Commission NSW are on the ground visiting residential construction sites every day to check safety and compliance.
Opening statement by HIA Chief Executive Industry & Policy, Simon Croft
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.
HIA provided the 2026-27 Budget submission with key objectives and recommendations to the ACT Treasury.