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The announcement included funding for an additional 23,000 apprenticeships and traineeships, upskilling an extra 4,800 workers into residential building and $2 million towards attracting school students into trades.
"The Minns Government has been making good progress towards speeding up approval times for new housing, but you can't live in an approval.
"In NSW, we are approximately 30,000 workers short of what is needed to build around 70,000 homes per year.
"So, today's announcement is a welcomed move by the Treasurer and Minister for Skills, as is the support to do more in attracting school leavers into a career in the housing industry.
"HIA stands ready to work with the NSW Government to ensure we have a strong workforce, so that we can deliver the homes that the people of NSW need,” concluded Mr Armitage.
“Home renovation activity nears record high, boosted by rising home prices and low unemployment,” stated Tim Reardon, HIA Chief Economist.
“Today is a great day for the housing industry in NSW with passage of the Planning System Reforms Bill 2025 through parliament,” said Brad Armitage, HIA NSW Executive Director.
Starting 1 July 2026, domestic building insurance (DBI) will only be available through the Building and Plumbing Commission (BPC), which has replaced the VMIA in providing this product.
This morning, HIA, including members of the Tasmanian Regional Executive Committee (REC), met with the Chair and a Director of the Homes Tasmania Board to discuss several matters critical to the future of housing delivery in Tasmania.