The Housing Industry Association (HIA) believes in a hands-on solution. The housing supply crisis can be potentially addressed by funnelling more talent into the construction arena. This viewpoint gained traction when the National Skills Agreement declared an investment of $12.6 billion in the Vocational Education and Training sector to combat skills scarcity.
Jocelyn Martin, the HIA Managing Director, strongly argues for the need to mould and enhance workers’ skills, especially when the government is eyeing the construction of 1.2 million homes over the next half-decade.
HIA’s chief economist, Tim Reardon, outlines a four-pronged strategic approach:
- Curtail the imposition of taxes and levies, which inflate new home costs.
- Woo more investors into the housing sector.
- Bolster the ranks of skilled labour.
- Ensure collaboration across governmental bodies.
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