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“With an aging workforce and a current skills shortage in residential construction, if the Territory is to meet its targets for housing supply over the next decade there needs to be an immediate injection of resources into skills and training,” said Greg Weller, HIA Executive Director ACT & Southern NSW.
“If the ACT is to meet the target of 30,000 homes by 2030 then we will need the skilled trades to support this activity.
“Forecast large public infrastructure projects in the ACT such as light rail 2B and electrification of the ACT economy, along with potentially a new stadium and convention centre, will all compete for skilled trades with home building.
“There needs to be investment by government in the promotion of home building as a viable career and business pathway for young Canberrans. We need to change Canberra’s narrative around vocational training being in second place behind the tertiary sector.
“Less pressure needs to be placed on young people to attend university as a first choice following secondary school and greater acknowledgement of the real and rewarding careers that exist through vocational education and apprenticeships.
“The residential building industry presents diverse and lucrative work opportunities, especially for those who succeed in obtaining key skills, qualifications in the wide range of careers available.
“The ACT should also actively incentivise young people to relocate to the ACT to continue or commence formal training in the construction sector. We regularly see other jurisdictions compete and offer incentives to in-demand jobs, so we should do the same.
“We are also calling for more incentives for employers to take on apprentices, particularly mature aged students,” concluded Mr Weller.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
“Two cuts to the cash rate have seen the volume of detached house building approvals rise to be 3.2 per cent higher than the same month last year,” stated HIA Senior Economist Tom Devitt.
“Building approvals data released today highlights the magnitude of the task ahead if we are to achieve the Government’s target of building 30,000 homes in the ACT over the next five years,” said Geordan Murray, acting HIA Executive Director ACT and Southern NSW.