• iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK News
    • US News
    • Australia
    • Ireland
    • World News
    • Weird News
    • Viral News
    • Sport
    • Technology
    • Science
    • True Crime
    • Travel
  • Entertainment
    • Celebrity
    • TV & Film
    • Netflix
    • Music
    • Gaming
    • TikTok
  • LAD Originals
    • Say Maaate to a Mate
    • Daily Ladness
    • Lad Files
    • UOKM8?
    • FreeToBe
    • Extinct
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube

LAD Entertainment

YouTube

LAD Stories

Submit Your Content
Construction Workers In Australian City Earn Huge Amount Making Them Among Best Paid Tradies In World

Home> News

Published 17:20 16 Jul 2022 GMT+1

Construction Workers In Australian City Earn Huge Amount Making Them Among Best Paid Tradies In World

According to reports, Melbourne tradies are among some of the best paid in the world.

Shola Lee

Shola Lee

According to reports, Melbourne tradies are among some of the best paid in the world.

If you're looking for a new job and aren't sure where to start, why not head down under and work in construction?

Before you argue that it's too hot to be doing heavy labour in Australia, wait until you hear their hourly rate.

Advert

Tradies in Melbourne are among the best paid in the world.
Alamy

It honestly makes OnlyFans rates look pretty reasonable.

So, just how much are Melbourne tradies paid?

Well, take the national minimum wage in the UK for 18-20-year-olds (£6.83) and times it by 100, and you're about there.

Yep, that's right, Aussie tradies are paid $124 per hour, which converts to about £71.

Advert

It works out to about $243,000 (£139,000) a year, as reported by the Herald Sun.

Right about now we're thinking a gap year in Australia might be worth more than we realised.

Honestly, we're glad that the construction workers are being well paid, but if you're wondering why their hourly rate is so high, you're not alone.

Anyone else considering a gap year right about now.
Alamy

The Turner and Townsend report on the sector found that the increased labour cost was due to 'the loss of skilled migration during 2020-21 had a considerable impact on the availability of construction labour in these markets, which has subsequently pushed up labour costs, making it the second most expensive region for construction labour.'

Advert

And despite the industry facing setbacks due to Covid, large in part construction remained strong across global markets: "Despite the industry facing tough conditions, construction activity continues to strengthen across global markets. 38.6 percent of markets surveyed were classified as ‘hot’ or ‘overheating’."

Might be worth starting a construction business, actually.
Alamy

Something else that could also account for the decent hourly rate is that it's fairly cheap to build in Melbourne when compared to other cities.

As the report goes on to note: "Our top ten most expensive markets in which to build for 2022 also include Hong Kong, New York, London, and Geneva.

"Average construction costs to build key assets have increased in almost every region."

Advert

San Francisco secured the top spot as the most expensive place to build in the world.

Meanwhile, Melbourne isn't even in the top ten.

Still just because wages are high, doesn't mean that the industry isn't facing challenges.

Namely, a post-pandemic surge in demand: "The past 12 months have seen the post-pandemic recovery gathering momentum – but warning signs are now appearing.

"Constrained supply coupled with surging demand means inflation is soaring in many markets, creating a challenging economic backdrop for the construction sector."

Advert

So, basically, if you are after well-paid work, and lots of it, become a tradie in Melbourne.

Featured Image Credit: Alamy

Topics: Australia, News, World News, Money

Shola Lee
Shola Lee

Advert

Advert

Advert

Choose your content:

an hour ago
3 hours ago
4 hours ago
  • an hour ago

    Man completely unaware he was filming first waves of tragic tsunami that went on to kill 220,000 people

    A British holidaymaker captured the first waves of the tragic 2004 Indian Ocean tsunami on video

    News
  • 3 hours ago

    New footage shows moment only survivor of Air India crash walks away from burning wreckage

    British national Vishwash Kumar Ramesh is the only survivor of the 242 on board

    News
  • 3 hours ago

    Navy accidentally discovers 500-year-old ship at bottom of Mediterranean Sea

    It's the deepest wreck found in French waters to date

    News
  • 4 hours ago

    Key information second black box from Air India crash will reveal as investigators find it

    Investigations are ongoing after the plane crashed into a medical college in Ahmedabad last week

    News
  • Actor paid £1000 per sting after using real bees in movie scene made an incredible amount
  • Tributes paid as British tourist and fiancé found dead in Vietnam villa days after engagement video
  • Suicide pod inventor wants to install them in UK as first person 'set to use it this month'
  • Police share theory as wife found wrapped in plastic next to her husband near Sydney Airport