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Government’s $91m tradie plan only ‘modest’ boost for home building

Michael Bleby
Michael BlebyDeputy property editor
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The federal government’s $91 million investment to boost the number of skilled construction workers will only give minor stimulus to a housing sector challenged by soaring demand, economists and industry leaders say.

The plan to add almost 22,000 new workers would equal less than 2 per cent of the existing construction workforce of more than 1.3 million, economist Carlos Cacho said.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/commercial/government-s-91m-tradie-plan-only-modest-boost-for-home-building-20240508-p5gkkt