• Pit Crew model over 422 resources, energy and infrastructure projects within the Australian market these have a total capital value of $728.8 billion.
• Of these projects approximately 259 are approved with a value of $446.4 billion and in the pipeline are over 163 projects with a Value of $282.4 billion.
• Nationally Pit Crew’s modelling shows a requirement for construction labour over the next 12 months can be pretty much be met locally with a moderate shortage of labour.
• However, drilling down to a State by State basis the picture is a little different with the ‘northern states’ QLD, NT and WA (WA is included in this as it is in the north that most of the project activity is based).
– SA, NSW, Victoria and Tasmania should be able to meet the demand with local labour over the next 12 months.
– Queensland will experience moderate shortages as will WA
– NT will be the standout with an acute shortage. Although it is coming off a fairly low base employment number compared to other states.
– Specialist welders
– Pipe Fitters
– Mechanical Fitters
– Electrical Trades
– Crane Operators
– Riggers and Scaffolders
– Production Managers and Experienced Production Operators
– Engineering Technicians
• Major projects still creating strong demand for construction labour and engineering resources.
• Construction labour shortages anticipated for skilled trades
• Labour market starting to evolve more to an operations focus as construction is completed.
– Operations workforce requires higher average level of skills and the future availability and level of experience is being impacted by an aging population and the retirement of ‘baby boomers’.
• Ability to meet demand will be a direct function of:
– Mobility of local resources – particularly from the Southern states of NSW, Victoria, South Australian and Tasmania to QLD, WA and NT.
– Investment in Education and Training.
– Use of overseas skilled labour – temporary and permanent.
• The peaking of construction and engineering around 2014/2015.
• The increasing dominance of operations over the next 5 years.