HIA: Support for employers and employees a step closer to achieving 1.2 million homes

BUDGET REACTION – The Housing Industry Association (HIA) has commended the Federal Government’s latest Budget with bringing Australia closer to building 1.2 million new homes.

“Tonight’s Budget included a key measure in the continuation of financial incentives for employers to take on an apprentice,” HIA managing director, Jocelyn Martin said.

“Without an employer, there is no apprentice and the financial incentives that have been in place have proved invaluable to helping the construction industry to access more workers,” she said 

“The Housing Industry Association sought the continuation of these incentives. The shortage of skilled trades remains more acute than at any time prior to the pandemic and is a barrier to increasing supply of new homes.

“The Federal Government’s $11.3 billion ‘Homes for Australia’ Plan and commitment of $90.6 million to support fee-free training for apprentices, pre-apprenticeships and skills assessments for overseas workers, will assist in addressing the shortage of skilled trades people and increasing supply,” she said.

“The boost to investment in more social, affordable and community housing alongside infrastructure and skills funding boosts is another contribution to increasing the supply of homes.

“The $1 billion towards unlocking key infrastructure delivery by states and territories including water, electricity, sewer infrastructure is an important step to unlocking land for new homes.

“HIA has called on the government to double its infrastructure funding for states and local councils to enable them to get homes shovel ready faster, so it is pleasing to see this included in the budget, “ Ms Martin said

www.hia.com.au

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