Housing Industry Association has provided quarterly review of the availability of skilled trades and any demand pressures on trades operating in the residential building industry. The HIA Trades Availability Index was positioned at -0.07 level in June 2020 quarter, down from +0.03 in March 2020 quarter.
In March 2020, skilled trades were in a minimal oversupply. However, in the three months to June 2020 the numbers are now in a marginal undersupply. The anecdotal reports states that demand may have increased due to growth in small renovation activity. As more people were working from home, households found it simpler to arrange a skilled trades person to carry out smaller jobs as they did not have to take time off work.
Which stock gained the most attention in 2019? Find out in our exclusive report on the much talked about lithium stocks which gained the most investor attention amidst the volatile and high drama electric vehicle market.
Read about the shift in the Electric Vehicle market in 2020 and the consequent focus on Lithium in our report.
Get an insight into the lithium prices and the trends. The supply glut kept the lithium prices in check. The escalated bilateral trade dispute between the United States and China significantly impacted the lithium chemical prices.
Understand the performance of mining companies. The lithium mining companies managed to sail through the turbulent white gold market by limiting the production in correspondence with the demand from the offtake partners.