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{{propApi.successMessage}} {{region}} Change location$10,000 incentive for home building apprentices starts today
$10,000 incentive for home building apprentices starts today
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Under the Key Apprentices Program, eligible apprentices will receive $2,000 at 6, 12, 24, 36 months, and at the completion of their apprenticeship.
“It is critical that we accelerate the growth of the housing industry’s tradie workforce if we are to get anywhere near building the number of homes set out in the National Housing Accord,” added Mr Murray.
“These incentives make apprenticeships in residential building trades far more appealing for those weighing up their career options. This should translate into much stronger numbers looking for apprenticeships.
“While we are optimistic about the government’s continued support for apprentices, encouraging young people into apprenticeships is only addressing part of the problem.
“We also need to increase in the number apprentice jobs being created and boost the Vocational Education and Training sector’s capacity to deliver training.
“While employers recognise the importance of training the next generation of tradies, many see apprenticeships as too costly or risky to justify within their business.
“Financial support for employers who create the training and employment opportunities for apprentices is critical if we’re serious about meeting skilled labour demand over the next decade.
“There are existing commonwealth financial support measures available to employers, however, they are generally inadequate to encourage builders and trades to take on an apprentice. Current incentives are also only guaranteed until the end of 2025.
“A much longer-term commitment is needed, as businesses are already planning for their workforce needs in 2026 and beyond, and we need apprenticeships to be front of mind.
“If the government wants to maximise apprentice uptake in 2026, it needs to provide businesses with certainty about whether any supports will exist beyond the conclusion of the existing scheme.
“It will be self-defeating if the Key Apprenticeship Program only increases the number of young people seeking apprenticeships, without increasing the volume of employers willing or able to take them on,” concluded Mr Murray.
For more information please contact:
Geordan Murray
Executive Director – Future Workforce
P: 02 6245 1379
M: 0438 103 651
E: g.murray@hia.com.au
Government announces broader licensing powers and HBCA review
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
Interest rate cuts boost building approvals
“Two cuts to the cash rate have seen the volume of detached house building approvals rise to be 3.2 per cent higher than the same month last year,” stated HIA Senior Economist Tom Devitt.
Huge task ahead to achieve 30,000 homes by 2030
“Building approvals data released today highlights the magnitude of the task ahead if we are to achieve the Government’s target of building 30,000 homes in the ACT over the next five years,” said Geordan Murray, acting HIA Executive Director ACT and Southern NSW.
$10,000 incentive for home building apprentices provides a timely boost
“Today marks the beginning of the Key Apprentice Program which will provide new commencing apprentices working in residential building trades with financial incentives totalling $10,000,” said Steven Wojtkiw, HIA Deputy Executive Director, Victoria.