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{{propApi.successMessage}} {{region}} Change locationHIA welcomes announcement of HomeGrown grants (NT)
HIA welcomes announcement of HomeGrown grants (NT)
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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.
For more information please contact:
Land prices accelerated in 2024
“The median price of residential land sold increased by 2.6 per cent nationally in the final quarter of 2024, to a new record high $369,530,” stated HIA Senior Economist Tom Devitt.
Increase to minimum wages from 1 July
The Fair Work Commission handed down its annual minimum wage decision, awarding a 3.5 per cent increase to the national minimum wage and modern award minimum wages.
Apprentices at Work: Pay, Safety and Fair Treatment
If you engage an apprentice in the residential building industry, there are some key requirements to keep on top of to meet your employer obligations. These include paying wages, entitlements and allowances correctly, ensuring a safe workplace, and preventing issues like discrimination and harassment.
Draft NSW Service and Installation Rules 2025
HIA provided comments on the Draft NSW Service and Installation Rules 2025.