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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.
The Housing Industry Association (HIA) welcomes the release of BuildSkills Australia’s Housing Workforce Capacity Study, which highlights the need to strengthen Australia’s residential construction workforce to meet the National Housing Accord target of 1.2 million new homes by 2029.
“Trade shortages loom as a major threat to reaching the Housing Accord target of building 1.2million homes by 2029,” said HIA Executive Director - Future Workforce, Mike Hermon.
“The Victorian government’s Housing Statement is approaching its two-year anniversary. Since that time the Victorian government has implemented some positive reforms, but it is becoming clear that we will not have enough people to build these homes as quickly as we need,” stated HIA Executive Director Victoria, Keith Ryan.
With the focus of the national economic debate on improving productivity following the recent roundtable, HIA used our submission to the Productivity Commission’s Five Pillars reforms to call on the Federal Government to act swiftly to lift productivity and unlock new housing supply.