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Australia is at a crossroads, struggling with both a cost of living and a housing crisis. Housing affordability has been a decades-long challenge of demand outnumbering supply, and whether it’s mortgages or rent, housing costs eat the lion’s share of household incomes, meaning housing affordability conditions have a major impact on the wellbeing of Australian families.
Amidst this turmoil, small businesses within the building and construction industry stand ready to be part of the solution.
Small businesses are the heart and soul of the industry. With over 445,000 businesses in the industry, around 98% are small in size and make up a workforce of over 1.35
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