A recent NAB (National Australia Bank) Quarterly Australian Residential Property survey has seen a rise in home owners planing to renovate in the next year, this increase will lead to a high demand for experienced tradies. The survey found that bathrooms and kitchens were the main area's of the home to be targeted for renovations. This is great news for carpenters, cabinet makers, plumbers, electricians and tilers.
Cautious spending across the country due to job insecurity has seen delays in renovations in recent years. Continued increases in house prices is giving home owners the confidence to begin to investing in their homes. 68% plan to renovate in the next year with a budget of around $25 000.
Tradesure Tool Insurance for Tradies
This news is positive for all trades. Don't forget to make sure your insurances are up to date before beginning a new job. Particularly your tradies Tool Insurance, don't miss out on work if anything happens to your tools. Contact out team today to ensure your cover is current.