< Back 24 Mar 2024

90,000 extra tradies needed to deliver Housing Accord

Robert Sobyra, Executive Director Research and Planning
Robert SobyraLinkedIn

There is no denying the ambition of the National Housing Accord. And with rental vacancy rates stuck at 1%, ambition is precisely what is needed.

Returning the housing market to a healthy state will require a significant uplift in the national dwelling completion rate. That is exactly what the Accord calls for - from 43,000 per quarter to 60,000.

While there are plenty of hurdles to overcome in achieving this goal, labour will be the single biggest supply-side barrier. We will be releasing a comprehensive report on the issue in the coming weeks.

For now, read the SMH/Age article here.