HIA Executive Director Cath Hart welcomed the McGowan Government’s announcement of a $150 million Housing Investment Package.
The package includes the construction of more than 300 new public housing units, the refurbishment of 70 existing properties and a 6-month extension of the Keystart threshold changes announced in the May State Budget.
“The support package will help sustain jobs and businesses in WA’s residential construction sector after several years of incredibly challenging conditions,” Ms Hart said.
“Over the past year, we’ve heard many stories about businesses and tradies reducing shifts, reconsidering staying in WA or simply hanging up the tools – they have really been holding on, waiting for things to improve.
“The announcements will give confidence to the thousands of hard-working West Australian employees and businesses in the residential construction sector to stay the course, to continue in their trades and to retain their staff.
“This is critically important so that we have sufficiently skilled workers ready and able when WA’s residential construction starts to increase to more sustainable levels in coming years and so that we don’t face skills shortages.
“The six-month extension of the Keystart changes announced in the May budget and the swift start to the Housing Investment Package will effectively be a bridge for industry as our market recovers.”