The future is built by tradies
Australia's housing crisis is being worsened by a shortage of tradespeople and manufacturing workers. The number of people in these roles remains well below what is needed to meet demand.
Why are tradie shortages making Australia's housing crisis worse?
Affects builders, plumbers, electricians and all trade types. Ongoing labour shortages mean more competition for workers and pressure on project timelines and costs.
Key takeaways
- Australia is facing a housing crisis partly driven by a shortage of tradespeople and manufacturing workers.
- Trade and critical manufacturing job numbers are still well below what is needed.
- The gap between supply and demand for skilled trades is putting pressure on housing construction.
- Addressing workforce shortages in the trades is key to resolving the housing crisis.
Related
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.
ATO ramp up of small business debt collection
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.