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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.
The Victorian Premier, Jacinta Allan, has completed a Cabinet reshuffle following the resignation of the long serving Treasurer, Tim Pallas.
“Today’s announcement of a $1 billion investment towards crisis, temporary accommodation and transitional housing forms an important part of the housing mix and recognises the need for targeted measures to support increasing supply of all forms of housing,” stated Jocelyn Martin, HIA Managing Director.
Notice of Annual Regional Meeting of Members of North Queensland Region
Over the coming months, SafeWork NSW inspectors will be speaking with principal contractors, site supervisors and health and safety representative (HSRs) to ensure they have effective systems in place to manage psychosocial hazards and risks.