Leveraging the situation

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By Dwain Duxson

Leveraging the situation - Many Farms have a second house, and some have more. Is this the time to be preparing those houses to take in renters? Is this an opportunity to use those houses as leverage to get a new worker or two?

You probably already know that we are currently in a housing shortage, and according to reports, this is going to get much worse and could last a decade or more. So much so that according to property developing legend Harry Triguboff the residential housing market is about to boom again, and it has nothing to do with interest rates, he said. It's all on the back of this worsening shortage.

And to add fuel to this fire, last quarter, our net overseas migration intake was the highest ever for a single quarter. 

This is where the opportunity lies for Farmers to earn some extra income and put those "other" houses to use. But I think, more importantly, we see it as leverage for Farmers and Rural Businesses to perhaps attract those workers they have been desperately trying to find. Think about what you could possibly do on your Farm?

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