The construction industry took a $14 billion hit.
Is a sharp decline in Ute sales, combined with the prolonged fall in building approvals signalling a tradie recession?
#Construction #NAB #Walton NAB is facing a potential $74 million lawsuit from over 1000 creditors for their apparent role in the Walton Construction Collapse. References https://www.abc.net.au/news/2019-09-04/nab-could-face-$74million-suit-over-walton-construction-collapse/11466506?section=business
#Construction #Employment #Recession Economists are predicted that 100,000 construction jobs are set to be lost. This will certainly have an impact on the wider economy and our unemployment rate. References https://thenewdaily.com.au/money/finance-news/2019/07/30/building-approvals-decline-construction-jobs/
#Silicosis #Tradies #Construction An epidemic of silicosis is starting to kill young stonemasons. Will this be our generation’s version of the asbestos disaster? References ‘Moment my world came tumbling down’: Silent silicosis epidemic killing young tradies https://www.news.com.au/finance/work/at-work/moment-my-world-came-tumbling-down-silent-silicosis-epidemic-killing-young-tradies/news-story/194eff8d8a3cdb574babc2e92e426fbf