Employment prospects brighten in Northern Territory
Buying a house is the biggest financial commitment most people will make in their lifetimes; ...
Buying a house is the biggest financial commitment most people will make in their lifetimes; therefore it is understandable that before making a purchase a number of considerations will be taken into account.
Proximity to schools, adequacy of local infrastructure, availability of amenities and job prospects in a region, are likely to be key aspects on a homebuyer's checklist.
For people looking to add to their housing portfolio with a property investment, the Northern Territory may be an attractive location thanks to the launch of a $450 million employment strategy in the region.
Announcing the Gearing up our Workforce scheme yesterday (August 2), the Northern Territory minister for business and employment Delia Lawrie said the program was an investment into the local employment sector.
"Our young people are the leaders of the future and the territory government is investing in training young territorians to be ready for jobs on, or flowing from, major projects and across our regions," Ms Lawrie said.
The multimillion dollar investment will comprise of a Northern Territory VET academy and middle years training centre - encouraging more local residents into high-skilled positions.
"This initiative will support an ambitious new five year target of 15,000 apprentice and trainee commencements, a 20 per cent increase on the last two successful four-year targets of 10,000," Ms Lawrie commented.