MASTER BUILDERS BACKS INDUSTRY FORUM

MASTER BUILDERS BACKS INDUSTRY FORUM
QUEENSLAND building and construction association Master Builders is behind a government strategy designed to develop the state’s construction sector.

The association hopes ConstructionQ will present opportunities for industry to work with government in shaping strong policy that revitalises the industry.

Master Builders’ deputy executive director Paul Bidwell (pictured) says the recent faltering of building approvals and housing finance figures is a sign that a recovery cannot be taken for granted and more work must be done to ensure the construction sector returns to being a significant driver of the Queensland economy.

“While confidence in the industry remains buoyant, these latest statistics remind us that trading conditions remain tough and, while a recovery is certainly on the horizon, particularly for the housing sector, there is still much work to be done in this space,” says Bidwell.
He says the association will be looking to use the forum to address a number of issues that impact both the housing and commercial sectors.

“In order to address the issue of housing affordability we must explore initiatives that will drive down costs and shift demand to new construction, with a particular focus on stamp duty and tax reform,” he says.

“These are issues that require a long term strategy in order to overcome them. The government has already made significant progress via planning system reforms and the scrapping of mandatory regulations for water tanks and greenhouse efficient hot water systems, but we need to explore this landscape further.

“A major issue for the housing sector is a lack of innovation and we’ll be looking to this forum to explore ways we can assist the building industry to take up new building materials and processes that will reduce costs and assist with the bigger issue of housing affordability.”

Get our daily business news

Sign up to our free email news updates.

Please tick to verify that you are not a robot

 

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Make smarter investing decisions with an Earnings Calendar
Partner Content
With the US reporting season just around the corner, it pays to know when exactly to gi...
moomoo
Advertisement

Related Stories

Afterpay owner Block Inc shares slammed following savage short seller report

Afterpay owner Block Inc shares slammed following savage short seller report

Shares in NASDAQ-listed Block Inc. (NASDAQ: SQ) - formerly Square -...

Aged care operator Estia Health receives $775m takeover offer from Bain Capital

Aged care operator Estia Health receives $775m takeover offer from Bain Capital

One of Australia’s largest residential aged care providers, E...

Invest Inya Farmer turns a shopping list of farm produce into a new investment class

Invest Inya Farmer turns a shopping list of farm produce into a new investment class

Victorian-based startup Invest Inya Farmer (IIF), armed with $1.1 m...

Board exodus at Nitro software as five directors depart, Potentia takes over

Board exodus at Nitro software as five directors depart, Potentia takes over

A Melbourne-founded software group that took on Adobe in the pdf ma...