Builders blueprint calls for end to bias in construction industry to meet demand
The Australian construction sector has to become more flexible and open to change to address ‘critical shortages’ in workers, industry body says
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Australia will need almost half a million people to enter the construction industry in the next three years to meet demand, Master Builders Australia said.
The MBA just released its plan to draw more people to the sector, Future-proofing Construction: A Workforce Blueprint, to address ‘critical shortages’ with the potential to hinder economic recovery and productivity growth.
MBA CEO Denita Wawn said the blueprint outlines pathways to retaining existing workers and removing biases that deter young people from entering the industry.
“To address the bias pushing young people toward university at the expense of VET. Critically, this includes improving the quality of careers education in secondary and senior secondary schools,” she said.
“The construction industry attracts more male than female workers. Improving the attractiveness of the industry to women presents a massive opportunity to increase the pool of potential workers.
“Governments are urged to tackle these issues as a key aspect of the inflationary challenge facing our industry.”
Master Builders Australia estimates that 486,000 workers will be needed to enter the industry by the end of 2026 to allow for those leaving the building sector and future growth projections.
Ms Wawn said it was critical that the industry provide more flexible pathways for workers to reflect the changing nature of work and meet future demand in construction.
“Construction is the backbone of the Australian economy, employing approximately 1.3 million people, providing infrastructure, commercial and community buildings, and homes for the growing population,” Denita Wawn. “With Australia’s population projected to grow by over 50 per cent between 2022 and 2060, reaching nearly 40 million people, the industry will require a significant workforce to undertake the necessary building and construction work.”
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A haven for hedge-fund titans and Hollywood grandees, Greenwich is one of the world’s most expensive residential enclaves, where eye-watering prices meet unapologetic grandeur.
The 7,145-square-foot apartment, with European-inspired interiors, hasn’t traded hands since it was built in 2008.
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A Denver condo that hit the market earlier this week for $16 million is now the Mile High City’s most expensive listing.
The new listing by far beats the next-priciest home for sale, a condo in a new development that was put on the market at the beginning of the year for about $9.79 million.
The city’s most expensive single-family home is asking just shy of $9 million—the metro area’s priciest single-family homes tend to be in the Cherry Hills Village suburb.
At 7,145 square feet, the newly listed unit is nearly double the size of the one in the new development and more on par with the size of some of Denver’s most expensive single-family homes.
It’s on the top floor of a seven-story mixed-use building that was built in 2008 in the Cherry Creek neighbourhood, one of the most affluent areas of the city.
The last time the three-bedroom apartment sold was before it was even completed, though it’s been owned under a few different LLCs and trusts.
The seller, who Mansion Global wasn’t able to identify, bought the condo from the developer in September 2007 for $4.047 million, records show.
The design of the interiors is European-inspired, with decorative columns, elaborate millwork and ornate built-ins.
Plus, there’s a mahogany-clad study, a formal dining room that seats up to 30 guests and views of mountains and Denver Country Club’s golf course.
A private terrace adds 1,230 square feet of outdoor living space and features a fireplace and a built-in barbecue, according to the listing with Josh Behr of LIV Sotheby’s International Realty.
A representative for Behr didn’t respond to a request for comment.
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