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{{propApi.successMessage}} {{region}} Change locationContinued investment in skills welcomed by HIA
Continued investment in skills welcomed by HIA
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“Apprentices are our future, and we have seen a significant increase in people taking up an apprenticeship post Covid," said HIA WA Executive Director Michael McGowan.
“We need at least 9,000 new apprentices every year for the next 10 years to keep up with demand, so subsidising this cost for employers helps make this goal achievable. It also helps reduce any further cost on new homes when affordability is such a challenge.
“While we are training our workers of the future, it's critically important to continue to invest in skilled worker pathways that have shown to produce positive results.
“People all around the world can see the opportunities that exist in Western Australia and want to come here to help.
“The Build a LIFE campaign and the Construction Visa Migration Program are helping employers make this happen. Bringing in 1,000 extra employees every year helps us build at least another 1,500 homes for Western Australian families.
“These programs have momentum, and more employers are seeing the benefits to their businesses.
"HIA has been calling for an extension of these programs and is pleased that Government is listening to industry," said Mr McGowan.
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New home sales remain at near three-year high
“The cycle of ongoing growth in new home sales was broken in July, with a 6.4 per cent fall compared to June,” stated HIA Senior Economist, Maurice Tapang.
Roundtable must declare a battle on red, white and green tape
“If the Economic Reform Roundtable is serious about developing meaningful and lasting change to boost productivity and the economy, then the number one priority must be on cutting the excessive regulation that is crippling businesses,” said HIA Managing Director, Jocelyn Martin.
Investors vital to increasing housing supply
“Investors were responsible for 41 per cent of new homes financed for construction in the past year,” stated HIA’s Chief Economist, Tim Reardon.
Home building gaining momentum
“The RBA delivered the third rate cut of this easing cycle, bringing their benchmark cash rate down from 3.85 per cent to 3.6 per cent,” stated HIA Senior Economist Tom Devitt.