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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.
“Planning reform is a major part of solving the nation’s housing crisis and all state and territory governments need to implement major reforms now, to stem the tide of unaffordable housing.
“The Federal government’s announcement that Councils are to receive $1.7 billion early funding to assist with the provision of shovel ready housing projects is a key part of addressing the nation’s housing puzzle,” HIA Chief Executive Industry & Policy, Simon Croft said today.
Earlier this week the LNP Queensland Government delivered its first State Budget.
The ACT Government has released the 2025/26 budget, a first for incoming Treasurer Chris Steel MLA. Following is an overview of the budget, along with residential building industry specific outcomes.