QLD housing infrastructure deal welcomed by Master Builders
The Commonwealth and Queensland governments have each committed $399 million in grants for housing infrastructure. Master Builders Australia has welcomed the funding deal.
Why it matters
Increased housing infrastructure funding in QLD may boost construction workloads for local trades operators.
Related
Statement on the appointment of New CFMEU Administrator
The Fair Work Commission has appointed Michael Crosby as the new CFMEU Administrator. Master Builders Australia has acknowledged the announcement.
Why it matters: A new CFMEU administrator could affect enterprise bargaining and on-site union activity for building contractors.
Master Builders' policy proposals to improve housing affordability
Master Builders Australia has submitted policy recommendations to a Select Committee aimed at improving housing and rental affordability. The proposals focus on industry-level changes to address Australia's housing supply and cost challenges.
Why it matters: Policy changes from this submission could affect project pipelines, regulations, and costs for builders nationwide.
Labour market shift shows tax hikes coming at the wrong time
Australia's unemployment rate rose to 4.5% in April per ABS data. Master Builders Australia says planned tax hikes are poorly timed given the weakening labour market.
Why it matters: Rising unemployment and tax increases could squeeze trade business margins and reduce demand for building work.