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Ms Hart said the release of the latest HIA Economic and Industry Outlook Report showed a high level of confidence in WA’s new home building sector.
“COVID marked a significant structural shift in the WA housing market with the home building grants acting as a green light for consumer confidence after several years of depressed activity,” said Ms Hart.
“HIA’s latest forecast for new home building in WA points to activity being above pre-COVID levels over the next three years.
“WA has recorded 79.6 per cent growth over 2020, with 23,840 expected starts in 2021 and then a further 20,220 starts forecast for 2022.
“The state has benefited from an inflow of residents from other states with more people choosing WA as their preferred destination to live and work during the pandemic - a contrast to the high number of residents who left for the east coast after the previous mining boom.
“Today’s strong forecast is positive in terms of increasing the supply of housing stock but comes as the home building sector continues to grapple with the ongoing challenges of shortages of labour, land and materials.
“The impact of this means that the time it takes to complete the build of a new home is now the longest it has been in ten years.
“We expect this will moderate throughout 2022 as global supply chains efficiency improves and borders begin to open.”
HIA announced two recipients of the Sir Phillip Lynch Award of Excellence, one of the highest honours bestowed in the residential building industry.
The ACT Government has announced that it will introduce workplace health and safety reforms for silica dust.
This information sheet has been prepared to accompany the general information provided in HIA’s information sheet “Working at Heights” and sets out more detailed information about the construction of roof framing and meeting the relevant obligations for safe work under the South Australian Work Health & Safety Act 2012.
Construction work done on new houses in the March 2022 quarter was down by 3.5 per cent on the previous quarter.