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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.
The Housing Industry Association (HIA) is calling on the Australian Taxation Office and Federal Government to reverse the decision to cease accepting credit card payments from 30 November, warning the change needs to be viewed against the cumulative financial pressure already confronting residential building businesses.
“Housing commencements rose in the year to June 2026, but the latest data reflects yesterday's market, not the conditions facing builders today,” stated HIA Executive Director, Keith Ryan.
New data from the Housing Industry Association (HIA) has shone a light on the consequences of Australia falling behind on progress against the National Housing Accord, following the release of today’s ABS building activity data for the first two full years of the 1.2 million homes target.
Australia’s growing data centre sector is creating a significant new source of construction activity and opportunities for the industry.