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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 NSW Housing Pattern Book could revolutionise the way we look at planning in NSW,” said Brad Armitage, HIA Executive Director NSW.
HIA provided a submission on the Workers Compensation Legislation Amendment Bill 2025 Inquiry, referred to the Public Accountability and Work Committee.
“Consistent with the recommendations from the Henry Tax Review: Don’t change negative gearing or capital gains tax until supply has been addressed and the purpose of the productivity summit should not be to increase the taxes on housing,” stated HIA Chief Economist, Tim Reardon.
The state government has established the Small Sites Pilot Program to unlock government land for housing development.