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“New home sales jumped by 22.1 per cent in April, as home buyers rushed to get ahead of the increased government regulations expected to add around $25,000 to the cost of building a new home,” stated HIA Chief Economist, Tim Reardon.
“Reserve Bank Assistant Governor Hunter, in her address today in Hobart, rightly identified that the home building industry has faced a ‘perfect storm’,” said HIA Senior Economist, Matt King.
Many leaders within today’s housing industry began their careers in apprenticeships. Earning a trade qualification not only provides a valuable skillset, but it also opens up a wide range of career opportunities. HIA seeks to ensure workers beginning a career in the industry today have access to the wide range of opportunities on offer in our industry.
“It is very pleasing to see policymakers from different political parties put forward a plan to spur economic and population growth as well as home building in the Territory,” stated HIA Executive Director - Northern Territory, Luis Espinoza.