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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.
“NSW Housing Policy makers seem to be more interested in announcements than deliverables,” said Brad Armitage HIA Executive Director NSW.
“Governments across the country are making announcements aimed at improving housing supply and it is challenging to determine which policies will genuinely improve housing supply from those that are disguising new taxes,” said HIA Senior Economist, Matt King.
The severe weather event across the North Queensland east coast has seen disaster support activated for North Queensland communities by the Australian and Queensland Governments following days of relentless rain.
The residential building industry has welcomed today’s pragmatic decision by Minister Steel to limit third party appeal rights in the ACT to improve the supply of public housing - but now is the time to extend this approach to all similar housing projects.