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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) has welcomed the focus on housing in the 2025/26 ACT budget to be handed down tomorrow, according to HIA Executive Director for ACT & Southern NSW, Greg Weller.
"Today's announcement of skills funding in the upcoming budget is welcomed by the housing industry," said Brad Armitage, HIA NSW Executive Director.
HIA welcomes the release of the NSW Government’s draft Guideline to speed up the delivery of new homes and infrastructure through works-in-kind agreements with developers.
“Australia’s population reached 27.4 million by the end of 2024, up by 445,900 people, or 1.7 per cent for the year,” stated HIA Senior Economist, Tom Devitt.