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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.
The Housing Industry Association (HIA) is today renewing its call for the Tasmanian Government to immediately adopt the national Help to Buy shared equity scheme. As of December, Tasmania remains the only state or territory yet to sign up, effectively excluding thousands of Tasmanians from a scheme now available in every other jurisdiction.
Today, the Tasmanian Government passed the Taxation and Related Legislation (First Home Owner and Payroll Relief) Bill 2025.
The Taxation and Related Legislation (First Home Owner and Payroll Relief) Bill 2025 has today passed the Legislative Council, and therefore the Tasmanian Parliament, unamended, marking a major win for Tasmanian homebuyers and the residential building industry.
“HIA welcomes consultation on a new draft plan for the future development of Sydney,” said Brad Armitage HIA NSW Executive Director.