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HIA WA Executive Director Michael McGowan stated that the extended subsidy will help alleviate the financial burden on employers investing in the next generation of skilled workers, ultimately boosting housing supply and reducing pressure on housing affordability.
"Combined with the introduction of over 2,000 fee-free TAFE courses, this shows that the Government is listening to industry needs and placing a priority on developing a strong skilled residential workforce," said Mr. McGowan.
"The GTO Wage Subsidy program has been incredibly successful so far, enabling employers to train more apprentices and equip them with skills that will serve them for a lifetime. This initiative supports businesses by lowering costs, which allows builders and trades to concentrate on training apprentices and building more homes."
Over the past four years, more than 40,000 Western Australians have started apprenticeships in the construction sector. While this is a promising trend, Mr. McGowan emphasized the need to maintain this momentum to meet the projected demand for skilled workers over the next decade.
"Given the State’s significant investment in the construction industry, we're seeing people from diverse backgrounds exploring apprenticeships as a viable career path. As an industry, we are committed to supporting as many of these individuals as possible to become skilled tradespeople.
“Given the strong demand we need to continue to find ways to attract local, interstate, and international talent to Western Australia to dramatically increase our residential building workforce right around the state.
“The economic future of Western Australia is extremely positive, however much of that depends on having a skilled workforce capable of delivering on those aspirations. A strong residential construction workforce is essential to housing the future residents of our State,” Mr McGowan concluded.
“The Housing Industry Association (HIA) is pleased to see housing feature prominently at this week’s Economic Reform Roundtable particularly on cutting excessive red tape and streamlining environmental approvals, but as Treasurer Jim Chalmers has indicated more work is needed on easing housing construction,” said HIA Managing Director, Jocelyn Martin.
“As an industry association whose members are embedded in the Hunter and Mid North Coast communities, HIA welcomes the $50 million Housing Support Package announced by the Albanese and Minns Governments,” said HIA Hunter Executive Director Craig Jennion.
“The Housing Industry Association (HIA) welcomes today’s announcement by the Albanese Government in providing $300 million to support Australia’s future wood supply to meet increasing housing needs across the country,” said HIA Managing Director Jocelyn Martin.
“Today’s announcement on the successful take up of the HomeGrown Territory grant highlights the importance of this key housing support scheme that is spurring economic growth and kickstarting home building across the Territory,” stated HIA Executive Director - Northern Territory, Luis Espinoza.