One of the most effective ways to help ease the housing supply crisis is to attract more workers to the building industry, according to the Housing Industry Association.
It welcomed the announcement of a National Skills Agreement, which will invest $12.6 billion to expand and transform the Vocational Education and Training sector, to address critical skills shortages.
HIA Managing Director, Jocelyn Martin, says if the industry is to build the 1.2 million additional homes the Government wants delivered in the next five years, more trained workers are needed.
She says the funding will help train and upskill workers in national priority areas including construction.
HIA chief economist, Tim Reardon, says there are four key steps to improving Australia’s housing shortage.
He says Governments of all levels need to stop making new homes more expensive through taxes and levies, they need to attract more investors to the sector, increase skilled labour and co-ordinate action across all levels of Government.