An Albanese government push to build an unprecedented 1.2 million homes has come as the construction sector faces unprecedented insolvencies and rising mental health concerns.
Australia’s construction sector is buckling under the strain of building the nation out of a housing crisis, with record insolvencies and rising mental health concerns for tradies.
Industry groups have revealed growing instances of depression and anger at the same time as senior figures are comforting builders in tears who don’t know how to push on.
Latest insolvency stats from the Australian Securities and Investments Commission show the country’s construction sector is on track for its second straight year at record insolvency levels.
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