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Build Australia ·

Industry bodies criticise Federal Budget for snubbing skilled migrants

Construction industry bodies criticize the federal budget's migrant intake changes, saying they don't address worker shortages needed for Brisbane 2032 Olympics and major projects.

Will the Federal Budget's migration changes fix construction worker shortages?

Builders and all trade types face ongoing worker shortages that could delay projects and increase costs, as federal migration policy fails to deliver needed skilled workers.

Key takeaways

  • Federal budget's migrant intake changes criticized as insufficient by construction industry bodies
  • Worker shortages remain a major concern ahead of Brisbane 2032 Olympics preparations
  • Industry leaders warn current measures won't meet demand for skilled construction workers
  • Construction sector faces ongoing labor crisis despite federal budget announcements
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Why it matters: Builders and carpenters in Queensland could see more housing projects proceed if infrastructure bottlenecks ease. Plumbers and electricians may also gain work from newly serviced land.

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WA passes new payment protection laws for subcontractors

Western Australia's Parliament has passed new payment protection laws for subcontractors. The changes, made through an amendment to the Building and Construction Industry (Security of Payment) legislation, aim to give subcontractors stronger protection against insolvency.

Why it matters: Subcontractors in WA, including plumbers, electricians, carpenters and other trades, get stronger protection if a head contractor becomes insolvent. This could reduce the risk of unpaid work and cash flow problems.

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Queensland Parliament passes reforms to support first home buyers

The Queensland Parliament has passed legislative reforms aimed at removing administrative hurdles for people trying to buy a home. The changes are designed to help more residents, including first home buyers, achieve home ownership.

Why it matters: Easier home buying could lift demand for new builds and renovations in Queensland, which may benefit builders, carpenters and other trades. The article gives no detail on timing or specific measures.

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