PHOTO: Builders | News Hub GETTY
Builders are calling on the Government to offer incentives of up to $50,000 to encourage the construction of new houses and prevent a spike in unemployment.
The sector’s holding up okay at the moment thanks to the wage subsidy scheme and a backlog of work booked ahead of the pandemic, but there are fears it could all come undone later this year.
“History unfortunately tells us that when we have an economic downturn, the construction industry gets hit hard – and it gets hit harder than most industries, so we have to anticipate it,” Registered Master Builders chief executive David Kelly told The AM Show on Thursday.
A recent survey of the group’s members found nearly two-thirds had less work lined up than usual, with the post-Christmas period looking bleak.
READ MORE VIA NEWSHUB
