Federal Treasurer Wayne Swan with the Allsafe team

By Lynne Blundell

One company that is bucking the trend of business caution and retraction right now is Townsville-based business, Allsafe Energy Efficient Products, poised to create hundreds of new green jobs across the country.

The company has boomed on the back of the Federal Government’s rebates for insulation and solar hot water systems, recently opening a new administration centre in Brisbane and about to open a string of franchises.

The opening of the new centre was a feel-good moment for Treasurer Wayne Swan, who spends much of his time talking about rising unemployment and tough economic conditions these days.

This story was the opposite, with Allsafe’s expansion expected to create jobs both here and in New Zealand.

When opening the centre Mr Swan said he was positive about the creation of jobs through the government’s energy efficient homes package.

“Jobs are being created everywhere … we should all celebrate that,” Mr Swan said.

Managing director of Allsafe, Sean Cochrane, said he expected his company to create more than 900 jobs in Australia and New Zealand over the next 12 months, largely due to the government’s energy efficient homes package.

“The stimulus packages that Mr Swan and his team have instigated have not only helped our business grow but accelerated our business … but more so brought sustainability to top of mind,” Mr Cochrane said.

At least 100 of the jobs to be generated at Allsafe will be in Queensland. The company will open 52 new franchises across Australia and New Zealand over the next 12 months. Each franchise is expected to generate around 18 new jobs, and will aim to develop strong local economies through business partnerships.

Established in 1997 as the Allied Woolmen Insulation Group, Allsafe began manufacturing a range of woollen and polyester insulation products.

Now the Group’s product range includes skylights, heat pumps, ventilation systems, solar hot water and photo-voltaic panels.

In the past 18 months, Allsafe has opened six new franchises and employed more than 100 new staff. The average Allsafe store turnover in the last 12 months has more than doubled from $1 million to between $2 million and $2.5 million per annum.

lblundell@thefifthestate.com.au