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Pi-Shen Seet, Professor of Entrepreneurship and Innovation, Edith Cowan University

Will new $10,000 apprentice payments help solve job shortages in construction? Not anytime soon

In an election pitch last week, Prime Minister Anthony Albanese announced new incentive payments of $10,000 for eligible apprentices in residential construction.

The federal government has committed to an ambitious target of building 1.2 million new homes over the next five years through the National Housing Accord. That means it urgently needs to boost Australia’s construction workforce.

But a recent strategic review into incentives for Australian apprentices and trainees found cost-of-living pressures were a major barrier to apprenticeship entry and completion.

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