Original article by Prue Goward
The Australian Financial Review – Page: 31 : 18-Feb-25
Changes to the Fair Work Act as a result of the federal government’s changes to industrial relations laws are having a negative impact on many business sectors, of which the housing industry is just one. The main change to the Act that affects the housing sector is in section 15, which redefines subcontractors earning less than $175,000 a year as employees. Once a subcontractor is defined as an employee by one company, it must be defined as an employee for all the companies it does work for, which could be half a dozen. These changes will result in more expensive housing, and possibly no construction industry at all, given the growth of innovations such as refabricated housing that could be brought in from other countries.
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