According to the Sydney Morning Herald and the Australian Bureau of Statistics, there is every sign that the building industry in Australia is on the move towards bussier and bussier times. What with the introduction of Australian Government grants, and low interest rates, Australians are continuing to purchase property like as if the recession had not happened.
In fact, new home approvals hit a 4 year high in June, with new build permits increasing by 9.4%, with marked increases particularly in the States of Victoria, Western Australia and South Australia. In addition, there have been increases in home loans and in property prices.
What does all of this mean for potential migrants? Well it is great news for skilled people involved in the building trades; the growth in building will mean that skilled shortages in relevant trades will continue to be felt throughout Australia. This means that the demand for skilled migrants should continue and employment on arrival in Australia should remain easily obtainable.
As with all visas of course, it is best to apply as soon as possible, to avoid future changes in Government policy and changes to migration law.
Click here to read the full article from the Sydney Morning Herald.
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