Fresh fears of an extended nationwide tradie shortage have emerged in wake of the Federal Budget, with the housing and construction booms showing no sign of slowing and home values expected to continue to rise.
Record low interest rates and a series of government incentives has created an incredible spike in demand in housing activity, including for tradespeople.
If you’re struggling to find the right tradie to work on your home, the bad news is you might be waiting a while.
Australia’s leading housing body, the Housing Industry Association said there will be an “unprecedented volume of building starts in 2021”.
“HomeBuilder and lower interest rates have facilitated a surge in demand for detached homes that ensures a record number of new detached homes will be built this year and into 2022,” HIA Economist Angela Lillicrap said.
An expectation mirrored in the Budget Strategy and Outlook.
“The near-term outlook for…