Western Australia’s civil construction industry peak body says new Federal and State Government stimulus payments will help support thousands of construction jobs in the subdivision development sector.
Civil Contractors Federation WA CEO Andy Graham said the Federal $25,000 incentive and the State $20,000 incentive were already encouraging more project home buyers back into the market.
“This boost is very timely for the WA industry,” Mr Graham said. “Recently we saw the official forecast for dwelling commencements in WA this financial year revised down from 15,500 to 12,500."
“That was disturbing news for civil contractors and suppliers who rely on residential subdivision activity and may have been facing an uncertain future as current projects came to an end."
“By stimulating residential construction activity, the incentive payments will help ensure a stronger pipeline of work for subdivision contractors and suppliers, and in turn help those businesses to continue to employ Western Australians.”