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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.
“Expanding complying development will speed-up the delivery of keys in doors to new homes sooner,” said Brad Armitage HIA Executive Director NSW.
Over the past few years, the Federal Government has made a number of commitments to support homeowners into the dream of homeownership. The ‘Help to Buy Program’ is one of these commitments.
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.