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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 region's finest in residential building and renovation will be recognised tomorrow night as the 2026 HIA-CSR ACT and Southern NSW Housing, Kitchen & Bathroom Awards are held at Parliament House in Canberra.
HIA warns that proposed national construction standards and new procurement rules miss the mark and land hardest on home builders.
“Skilled trade shortages remain widespread across Australia, with demand for workers supported by the recovery in home building activity over the past year,” stated HIA Senior Economist Tom Devitt.
The Housing Industry Association (HIA) has welcomed the passage of the ACT Government’s latest planning legislation, saying the reforms will help reduce delays, streamline approvals and support the delivery of more homes across Canberra.