In March the industry came together to celebrate the 2019 Hardware Industry Rising stars at this year’s national luncheon held at the iconic Melbourne Cricket Ground.
Hardware Australia’s Rising Star program recognises the excellence and achievements of the industries future managers and leaders and aims to provide mentoring in order to secure the future of our industry. Each of the winners were chosen and announced at the 2018 awards in their respective states.
The 2019 Industry Rising Stars are Branden Grady, Store Manager for Sunshine Mitre 10 Gympie, Josh Holzheimer, Selection Consultant for Petrie’s Mitre 10 Bathurst, Josh Kenshole, Marketing/Sales Manager for Diamond Valley Mitre 10, Damien Stanoevski, Trade and Warehouse Manager for Versatile Mitre 10, Tom Roenfeldt, Assistant Hardware Manager for Banner Mitre 10 Norwood and Fraser Moore, South Australian Sales Representative for Makita.
Rising Star week started with two days of the future leader’s industry program (FLIP) which focuses on developing leaders and management skills. They then meet with industry leaders who worked with them to identify their goals and to create a plan on how to best achieve these. This was followed by an industry tour of the Independent Hardware Group’s (IHG) distribution centre, key Melbourne hardware stores and the Dulux innovation centre with each of them being formally acknowledged at the National Luncheon.
Special guest speaker, Tim Reardon, Chief Economist for HIA then gave his insights into the current economic climate of the Hardware Industry, including the latest economic forecasts
His three key messages included “in the past five years residential home building has driven growth in Australia and for the next five years home building industry will need the rest of the economy
to set up to the plate and pull home building activity up.”
“The second is that the home building industry is currently expecting the fastest downturn in activity that we have ever seen, to what will be the slowest downturn, meaning the lowest point will still be fairly high by historical standards.”
“The third point is that whilst the last decade of economic growth has been achieved in spite of politician, the next decade will be achieved because of them. Housing affordability will be another top-three issue for the next election, above immigration and the environment. This is because it is so important for home-owners to own their home when they return”.
Tim’s full presentation is available for Hardware Australia’s members via the member’s portal.
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