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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.
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RBA misses opportunity
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
Housing and Productivity Contribution Scheme Works-in-Kind Guideline
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Government announces broader licensing powers and HBCA review
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
HIA welcomes changes providing confidence for home building
Housing Industry Association welcomes today’s announcement by the Cook Labor Government to review key aspects of the home building contracts legislation and provide the building regulator with additional powers to work with builders in distress.