Building industry in crisis as wait times soar | The Business | ABC News

ABS data shows more houses than ever are being built, but labour shortages and rising costs have added to an already strained industry. Some homeowners, who are affected by the recent east coast floods, are carrying out repairs themselves because they can't find trades. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3rlaSfe ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more business stories on iview: https://iview.abc.net.au/show/business Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia