Australia construction industry sees signs of recovery
Australia construction sector shows signs of recovery post-pandemic, facing ongoing challenges in supply, labour and costs.
In Short:
– Australia’s construction sector is recovering from pandemic issues, but detached home building is at a decade low.
– To meet housing targets, 200,000 homes yearly require skilled trades, land supply, and reduced bureaucracy.
– Australia’s construction sector is recovering from pandemic issues, but detached home building is at a decade low.
– To meet housing targets, 200,000 homes yearly require skilled trades, land supply, and reduced bureaucracy.
Australia’s residential construction sector is recovering from pandemic-related challenges, including price shocks and labour shortages.
However, ongoing pressures still affect construction timelines and costs. Ian Hazan, Nation President of HIA shares his insights with Dion Besser, founder of Besser+Co.
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