Housing industry warns labour shortages will hit home-building targets
Australia will struggle to achieve its 1.2 million new homes target because competition for key trades and skills from the higher-paying infrastructure sector is depriving residential construction of the capacity it desperately needs, developers and builders say.
Homebuilders in ACT – a jurisdiction with a larger proportion of publicly funded projects than others – are competing for apprentices and workers against publicly funded projects such as light rail construction, hospital renovations and the Snowy 2.0 pumped hydro scheme, Master Builders ACT chief executive Michael Hopkins said.
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