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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.
“As Prime Minister, how would you stop state governments from continuing to increase the taxes on new home building and adding additional red tape?”, asked HIA’s Managing Director, Jocelyn Martin.
Interested in obtaining your commercial building licence? You may benefit from recent changes to the experience requirements.
As we head into the Easter and ANZAC long weekends, the team at HIA wishes you a safe, relaxing, and well-deserved break with your loved ones.
“The Housing Industry Association (HIA) welcomes today’s announcement by the Coalition to commit $260 million to build a new national network of Australian Technical Colleges to target boosting our industry’s critical trade shortages,” said HIA Managing Director, Jocelyn Martin.