“5% of Australia's population are construction workers. Less than 1% of recent arrivals from overseas have been construction workers.”

Tom Devitt, HIA · The Elephant In The Room Property Podcast | Inside Australian Real Estate · Why Building More Homes Isn’t That Simple

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4:33

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What was described

suggests fast-tracking skilled visas for construction trades as a short-term labour solution

5% of Australia’s population are construction workers; <1% of recent overseas arrivals are construction workers

Said nearby on the same subject

“We released our latest trades report, which surveys the industry to ask them how hard it was for them to get the skilled tradespeople that they need. We track about 13 different trades, none of them have enough workers.”
TD
Tom Devitt HIA
The Elephant In The Room Property Podcast | Inside Australian Real Estate ·
Data play Share this moment
“You can suggest that they make it as high as possible or as low as possible. With someone moving out of their main residence, they would want it to be as high as possible generally.”
TW
Terry Waugh
The Structuring Podcast ·
Why it worked tens of thousands of dollars Share this moment
“You can do a major renovation as a construction loan… the lender will take the higher rent that you're going to get at the end of the construction as income for servicing the loan”
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Said on Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
“They will hold this construction price for two months… as long as you can get your sales in two months, then we're good at that price”
♫
Said on The Deal with Adam Di Marco
Automation 2 months price hold; $70 M sales target Share this moment

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