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HIA has been advocating strongly for this program as a much-needed boost to stimulate the home building industry, increase supply of housing, and provide new incentive for home ownership.
HIA welcomes the CLP Government’s prompt action in announcing this program as the first order of business, and the opening of applications starting on Tuesday 1 October.
The HomeGrown Territory program also includes a FreshStart New Home Grant of $30,000 for non-first home buyers who may have already owned a property before, to purchase or build a new home.
The scheme is the first of its kind and will help stimulate new home construction, encourage people to move to the Territory, and increase critically low supply of housing across the Northern Territory.
Importantly for long term growth of the industry, the program will help retain the residential building workforce and encourage growth through new apprenticeship and training opportunities in an invigorated housing market.
Today HIA launched its 2026 Victorian State Election Policy Agenda that calls on all political parties to commit to meaningful steps that will improve the challenging and uncertain environment for all who work in and rely on Victoria’s vitally important home building industry.
The ACT Government’s release of the Molonglo Town Centre Master Plan signals progress on one of Canberra’s key future growth areas, but for builders and developers, the reality is that this project will do little to improve current market conditions or near-term housing supply.
From today, the value of a ‘construction project’ under the NT’s Work Health and Safety (WHS) Regulations will be increased from $500,000 to $1 million.
The Housing Industry Association (HIA) says the publication of the Molonglo Town Centre Master Plan today is an important step for Canberra’s long-term housing supply and economic development.