Thursday, April 23, 2020

Fears of second wave of job losses as coronavirus crisis hits Australian building industry

A second wave of job losses from the coronavirus pandemic could hit the Australian economy as activity in the construction and building industry slows and residential projects dry up.

Tradies are reporting that residential projects are being put on hold as home owners worry about their job security and cash flow, while unions warn that some larger construction projects are being put on ice, particularly in NSW.

Read more: https://www.theguardian.com/australia-news/2020/apr/23/fears-of-second-wave-of-job-losses-as-coronavirus-crisis-hits-australian-building-industry

builders on a construction site

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