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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:
“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.
Workplace laws are set for more changes in 2026.
Australia’s residential building industry has entered the new year with confidence still on shaky ground for small businesses as rising costs and policy uncertainty continue to cloud the outlook.
Tasmania’s housing market slowed in November, with building approvals falling sharply compared to October. Approvals for new homes dropped almost 20 per cent, and even after seasonal adjustment, the decline was 5.8 per cent.
Australia’s home building industry is expected to strengthen through 2026, supported by gradually improving building approvals and a recovery in demand, but the pace of growth will ultimately depend on how quickly interest rates can fall further, according to the Housing Industry Association.