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{{propApi.successMessage}} {{region}} Change locationEarn while you learn or years of HECS debt?
Earn while you learn or years of HECS debt?
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“Australia is experiencing a housing crisis and most people under 40 believe they will never own their own home with Australia’s home ownership rate at its lowest ever levels.”
“Right now, we need an additional 90,000 construction workers to address the skills shortages being experienced if we are to build the 240,000 new homes this year (1.2 million homes over next five years) that Australia desperately needs.”
“Disappointingly, for three decades in Australia, the school system has pushed uni, uni, uni, and encouraged only those they regarded as less academically gifted into trades.
"If you want to earn a good wage, run your own business or get on the property ladder in your twenties or early thirties – your best choice is embarking on a trade.
"There are at least six key benefits of undertaking a trade:
- No HECS debt following an apprenticeship – university HECS debts can exceed well over $100,000.
- Never a day out of work – qualified trades are in high demand and will continue to be.
- The ability to be your own boss, determine where you work and the projects you take on.
- A trade opens doors to a wide variety of future careers.
- Working outdoors away from the confines of a desk.
- Developing life-long skills that can apply when building and renovating at home.
“Governments, schools, the media and industry need to start talking up, not down, a trade qualification as a leading career and lifestyle option with financial and business opportunities,” concluded Ms. Martin.
For more information please contact:
International situation and current market impacts update
HIA is aware that over the past week members have been receiving a range of advice from suppliers on cost increases to several building materials and other related construction equipment such as skips, plant and equipment hire.
Brisbane plan must not be derailed by NIMBY opposition
The Housing Industry Association (HIA) has backed Brisbane City Council’s ‘More Homes, Sooner’ plan, warning that community opposition risks undermining much-needed housing supply and worsening affordability pressures across the city.
Dealing with cost increases under your contract
HIA is aware that industry is raising concerns about price increases to fuel and materials arising from the conflict in the Middle East. To assist members to account and respond to price increases we have prepared information on dealing with cost uncertainties and fluctuations under HIA contracts.
How to unpick Keating’s Legacy: a users guide
This opinion piece from HIA Chief Economist Tim Reardon responds to the Reserve Bank of Australia Financial Stability Review and discusses how the cumulative tightening of macroprudential settings has increasingly locked first home buyers out of the market.