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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.
“Of the estimated 34,000 apprentices who will commence a construction trade apprenticeship this year, we expect fewer than 20,000 will make it through to complete their qualification. This must improve,” stated Geordan Murray, Executive Director - Future Workforce.
The Victorian Government has extended its stamp duty concession for off-the-plan properties, providing continued financial relief for homebuyers. This initiative aims to support the housing market and make home ownership more accessible.
HIA provided a submission to the National Policy Competition analysis 2025.
As West Australia’s residential building industry continues to grow and evolve, it’s important we take a step back and look at something we often overlook - our mental health.