Why western australia might be a great choice for your career

7 months ago By Joao Pedro Marins

​The sun sets in the west!


After two rough years due to the pandemic, Western Australia is now experiencing solid growth and an exciting perspective for the following years. With many opportunities opened at the moment and many more becoming available each day, the state is focusing on migration incentives and welcoming new workers to fill the skills shortage.



Now is a great time to consider moving to WA for those looking for new opportunities, as the state has one of the highest weekly earnings averages across the country, led by industries like Mining, Construction and Professional Services within the top five largest employing in the state.

Mining and Exports

​Did you know that Western Australia was the world's largest iron ore and lithium producer in 2021-22? WA's economy is export-oriented, with around half of Australia's exports of goods originating from the state each year, including minerals, petroleum, agri-food and specialised manufactured goods.



This last year, WA has produced 844.4 million tons of iron ore and $6.8 billion worth of lithium, as well as $241.3 billion in goods exported — a 45.2% share of national exports in 2021-22. This on-growing industry is responsible for a massive part of WA's economy wheel and one of the most generating jobs. 

Construction

All this growth from Western Australia and the incentive to migrate will definitely impact the construction industry. With more people coming, new houses being built and new projects due to infrastructure demand, WA expects an increase in investment in an already solid field.



Construction is responsible for $18.2 billion of WA's gross state product (GSP), which is in second place — behind only Mining. The industry is also one of the top five responsible for employing in the state and experienced a massive increase in WA's gross fixed capital formation over the last year (40.5%). 

Infrastructure and Civil Engineering

To match all this expected population growth and business investments, Western Australia has in the pipeline huge infrastructure projects. Billions of dollars have been invested in the field, and the state now holds more than 80 major rail, road, coastal and cycling projects in planning or under construction.


Together the transport projects sum up to $4,5 billion and the WA's government has also other big infrastructure projects on the line. The Government's Asset Investment Program, a listing of current and future infrastructure projects, will represent $28,9 billion through 2024.

Manufacturing

Western Australia's leading manufacturers are petroleum, coal, chemicals, and related products, followed by machinery, equipment, and metal products. Over the last year, the industry was the number one contributor to change in WA's gross state product (GSP).


With a contribution of $15.3 billion, the industry is one of the fastest growing within the state at the moment. WA's manufacturing industry increased the production of minerals, chemical products, machinery, and transport equipment, which led to many opportunities becoming available.

State of growth

In the last financial year, Western Australia experienced $41.4 billion in business investment, and it is only expected to grow further. The economy ($361.8 GSP) shares 17.5% of the nation's one, and the population compose 10.7% of the country, having grown 1.1% last year.


The employment rate is among the best at the moment, being the second lowest unemployment rate (3.4%) across all states. That's one of the reasons it is a wonderful time and opportunity to find your new career move within WA.


If you want to check opportunities available within Western Australia and apply for jobs right now, click here.


https://www.designandbuild.com.au/jobs/perth?source=linkedin.com

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