According to The Australian Financial Review, the federal budget did little to ensure Australia could reach its target of building 1.2 million new homes over the next five years because it failed to meaningfully boost the number of workers available to build them, the property industry and community groups say.
While budget included $89 million to boost the number of training positions, it only included $1.8 million to fast-track the assessment of 1900 migrants with necessary construction skills, when the industry needed an estimated 486,000 new people by 2026. https://www.afr.com/property/residential/imported-tradies-need-to-live-somewhere-too-20240513-p5jd80
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