Gina Rinehart’s Hancock Prospecting has purchased property for Western Australia’s first veteran accommodation program.
The program is a joint initiative between the Australian Air Force Association (RAAFA) and the RSLWA to provide housing for former members of the defence forces in a refurbished apartment building in south Perth.
“We are grateful for Mrs Rinehart’s generous contribution and her ongoing commitment to veterans’ wellbeing,” RSLWA chief executive officer Vince Connelly said.
“This support is enabling RSLWA and RAAFA to build on our proud legacies of going above and beyond to support WA veterans who have given incredible service to our country.”
Rinehart was named “Honorary Guardian of Veterans” by Soldier On this year for her long-term support of veterans.
The property will be known as Sir Valston Hancock House after a former leader of the Royal Australian Air Force and Rinehart’s uncle.
The building will be completely refurbished to create a total of nine two-bedroom apartments, with works expected to commence before the end of 2023.
RAAFA chief executive officer Michelle Fyfe said the initiative would provide more targeted and much-needed assistance to the veteran community.
“We’re all too aware of the pressures many West Australians are facing to secure accommodation amid the ongoing housing crisis, and veterans – particularly those moving out of defence back into community life – are no exception,” she said.
“There are approximately 330 veterans who return to civilian life in WA each year and while most don’t need assistance, this new targeted program will ensure there is somewhere to turn for those that do.”
Once the property renovations are complete, RAAFA and RSLWA will share responsibilities for managing and delivering the program to provide veterans with access to accommodation and wraparound wellbeing services tailored to their individual needs.
The property is expected to be ready to accept residents in the first half of 2024.
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