Juwai IQI’s Group Managing Director, Daniel Ho, pointed to the observation of Infrastructure Australia, which says the demand for builders is 48 per cent higher than supply.
“Australia needs more training programs to develop workers locally and it needs more migrants to fill the gaps,” Mr Ho told Australian Property Investor Magazine.
“When it comes to the overstretched construction industry, migration is absolutely necessary because Australia just doesn’t train enough skilled workers. Migration’s impact on housing prices is more local than national,” Mr Ho said.
Read more: Australian Property Investor
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