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28 October 2020
THE BUILDING sector is ranked among the top three to lead Australia’s post-COVID economic recovery – but just days out from the Queensland election, neither of the major parties has delivered a solid commitment to help the industry get the job done.
The latest AHURI Report shows “non-residential construction, followed by residential construction, and then infrastructure spending has the highest multiplier effect to those industry sectors hardest hit by the pandemic.”
With building and construction contributing $26 billion to the economy, Master Builders Deputy CEO Paul Bidwell said no matter what the result of the state election, it can’t all be about stimulus once the dust settles.
“We need a genuine commitment from the winning party to address the red tape and impractical processes that are impacting our ability to do business,” Mr Bidwell said.
“We need a significant cash injection into more public buildings out of the capital works program – and a clearer picture of the three-year building pipeline to boost confidence.
“We’ll also continue the call for the Best Practice Principles and Minimum Conditions policy for major state government projects to be scrapped, to put an end to regional Queenslanders paying more than they should for public buildings like schools and hospitals.
The Federal budget cash splash on infrastructure was focused on civil projects like rail and roads, underpinning the need for the next Queensland Government to deliver on commercial building construction spending.
While there’s also no doubt Federal stimulus measures like HomeBuilder account for the current residential building boom, Master Builders is also calling for the grant to be extended, and the construction timeframe to be increased from three to six months to allow for sustained recovery.
“Without solid commitments on these issues, we can kiss a post-COVID recovery led by the building industry goodbye,” Mr Bidwell said.
For full details on Master Builders' 2020 Queensland Election Campaign, visit mbqld.com.au/election2020
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