Skilled migration announcement good news for home builds
Builders have welcomed government announcements on skilled migration aimed at boosting the construction workforce. The move is seen as a positive step for the industry, though details remain limited.
Will the new skilled migration changes help builders find workers faster?
Builders and related trades like plumbers and electricians may see relief from labour shortages, potentially easing project delays and reducing pressure on hiring.
Key takeaways
- Builders have welcomed new skilled migration announcements as a step in the right direction.
- The changes are aimed at addressing ongoing construction workforce shortages.
- No specific detail on visa numbers, trade categories, or timelines was provided.
- Labour shortages have been a key pressure point for home building projects across Australia.
Related
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Master Builders Australia has published a news item saying the ATO is stepping up its debt collection against small businesses. The text provided gives no further detail on the measures, timing or amounts.
Why it matters: Builders and other trade businesses with outstanding tax debts may face firmer ATO collection action, which could strain cash flow. Details are not in the source text, so check the ATO or Master Builders directly.
Builders Oppose Proposed Jobs Framework and Supplier Code
Master Builders Australia opposes the proposed Secure Australian Jobs Framework and changes to the Commonwealth Supplier Code. The article excerpt gives no further detail on what the proposals contain.
Why it matters: Builders and contractors working on or seeking Commonwealth-funded projects could face new employment and supplier requirements. The practical impact is unclear until details of the proposals are released.
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.