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{{propApi.successMessage}} {{region}} Change locationBuilding trades shortage worsens
Building trades shortage worsens
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The HIA Trades Report released today provides a quarterly review of the availability of skilled trades and any demand pressures on trades operating in the residential building industry. The HIA Trades Index declined from -0.53 to -0.69 in the September quarter, with any number below zero indicating a skills shortage.
“Skilled trades continued to be in high demand as a record volume of detached home building and renovations is occurring,” added Ms Lillicrap.
“All regions across Australia are reporting an acute shortage of skilled trades and all trades are in short supply.
“Regional Queensland, Regional South Australia and Perth recorded improvements in the availability of skilled trades compared to the previous quarter. These small improvements reflect quarterly volatility, not a material improvement in the supply of trades.
“All trades recorded a deterioration in availability during the September quarter. Bricklaying continues to have the most acute shortage with an index reading of -1.30.
“Finishing trades such as painting, plumbing and plastering recorded some of the stronger quarterly declines in availability. This reflects the large volume of projects initiated by HomeBuilder starting to reach completion.
“It is an excellent time to pursue an apprenticeship in residential building trades as the boom in home building is expected to continue throughout 2022 and into 2023,” concluded Ms Lillicrap.
For more information:
Record year for new homes starts
More detached homes commenced construction in the 12 months to September 2021 than in any previous period,
Demand for housing and first homebuyer activity remain strong
The value of loans, excluding refinancing, issued for housing towards the end of 2021 was elevated as demand remains very strong.
Ongoing COVID-19 restrictions for the Northern Territory
Lockout across the Territory to end as expected, except for the localities of Yuendumu and Yuelamu.
Building approvals strengthen in November
The number of building approvals issued in November 2021 increased by 3.6 per cent with both detached and multi-unit approvals increasing for the month.
Record year for new homes starts
More detached homes commenced construction in the 12 months to September 2021 than in any previous period,
Demand for housing and first homebuyer activity remain strong
The value of loans, excluding refinancing, issued for housing towards the end of 2021 was elevated as demand remains very strong.
Ongoing COVID-19 restrictions for the Northern Territory
Lockout across the Territory to end as expected, except for the localities of Yuendumu and Yuelamu.
Building approvals strengthen in November
The number of building approvals issued in November 2021 increased by 3.6 per cent with both detached and multi-unit approvals increasing for the month.