Western Australia Unveiled $ 154.5 Million Relief Program To Support Construction Industry, Homeowners And Renters Amid COVID Epidemic -19.
Of the total amount, $ 24.5 million will be provided to the construction sector to help the industry maintain a skilled workforce during the COVID-19 pandemic. This includes a payment of $ 2,000 to eligible employers to retain existing apprentices and interns.
Cath Hart, executive director of Western Australia at the Housing Industry Association, said that the epidemic had already affected the state's residential construction industry.
"Based on historical state data, we had a pipeline of only 13 weeks of residential projects when the economic" hibernation "started at the end of March – we are working on it. so already, "she said. "Due to the slowdown of the past five years, the state has a short pipeline, especially compared to the east coast, where it can have a pipeline of six to nine months of work."
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Hart said that if this trend continues, all existing projects will be in place and no new projects will be in preparation by June.
"Once the current batch of home construction projects operating via the pipeline and head to the site, we will begin to see a new wave of reduced employment, this time affecting trades and suppliers. as existing projects are completed, "she said.
The state government relief program also includes $ 100 million in property tax relief for commercial owners.
To be eligible, these owners must provide rent relief equal to a minimum of three months' rent and freeze expenses for small businesses that have experienced a reduction of at least 30% of their turnover. cases due to COVID-19.
"This package will provide targeted financial assistance to encourage landlords to negotiate rent reductions for small businesses that are doing the hard stuff. The initiative will provide potential rent relief of at least three months and will freeze spending at an exceptionally difficult time for thousands of people from small business owners across the state, "said Paul Papalia, Minister of State for Small Business.
In addition, the state government has committed $ 30 million in rent assistance to laid-off residential tenants who are in financial difficulty. Under this program, the state government will assume rents of up to $ 2,000, which will be paid directly to the owner.
This subsidy will be granted in addition to the rent reductions negotiated between the tenants and the owners.
The plan will be accessible to tenants or sub-tenants who have lost their jobs, have applied to Centrelink for income assistance, have less than $ 10,000 in savings and are still paying at least 25% of their income in rent.
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