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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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A concrete plan to boost number of women in construction is needed beyond pink hi-vis and toilets
“Too often we continue to see announcements to increase the number of women in construction, which involve donning pink hi-vis', walking around a building site and then talking about more site toilets,” said Jocelyn Martin, HIA Managing Director.
Signs of housing supply life in unit approvals (NSW)
“The volume of unit approvals in the three months to January 2025 was nearly double what it was in the same period a year ago,” stated HIA Executive Director, NSW, Brad Armitage.
New building laws worse than expected (Vic)
HIA released a member alert on Tuesday to inform members that the Victorian government had introduced a Bill into Parliament to establish new consumer protection measures.
Housing approvals rise at the start of 2025
“Approvals for new homes in Australia increased in January 2025, a month before the cash rate was cut,” stated HIA Economist, Maurice Tapang.