Last month we touched on the implications of not having enough skilled workers in place. This month we take a look at what is driving this skills shortage.
BERL economist Dr Ganesh Nana says it is going to take years of effort, resources, people, communities and businesses working together to pull Christchurch and Canterbury out of the dust and ruins.
Earthquake Recovery Minister Gerry Brownlee has stated that 10,000 houses will need rebuilding following the February 22 earthquake. However, 3500 properties already required demolition and rebuilding after the September earthquake.
But earthquake rebuilding efforts are just the start. There is about $12 billion of leaky building remedial work which is set to commence soon.
After almost three years of building 5000 houses less than what is needed for population growth, the pressure is about to be released. People have also been saving hard to get home deposits together, just as banks lower their deposit requirements.
Added to this is the first wave of Kiwisavers who, after three years of contributing to KiwiSaver, may be entitled to a first home deposit subsidy.
“If you employ within the construction industry, it is up to you to start training the next generation now. Our industry’s future depends on it.”
From 2011 onwards, employment in most BCITO occupations is expected to begin growing again, and by 2013 employment levels are expected to match or exceed the levels experienced at the peak of the construction boom in 2007.
Housing shortages are emerging already in Auckland, and are “extreme” in Christchurch. With the construction sector focusing on rebuilding Canterbury, building shortages could be made worse in other regions.
To enquire about putting on an apprentice now, contact the BCITO today on
0800 422 486.