MEDIA RELEASE
Property Council welcomes inquiry into productivity
The Property Council of Australia has welcomed today’s appointment of Angela Moody as Queensland Productivity Commissioner and the release of Terms of Reference for an inquiry into the Queensland construction sector.
Queensland Executive Director Jess Caire said the Property Council had long advocated for the reinstatement of the QPC in response to Queensland’s plummeting productivity.
“Queensland is growing exponentially, this means we need more homes, schools, hospitals, job creating industrial developments and the delivery of critical infrastructure to support that growth,” Ms Caire said.
“Delivering this has to be done efficiently, requiring a significant boost in productivity across the State.
“The industry welcomes the appointment of Ms Moody as Commissioner and the start of the inquiry into the Queensland construction sector. This is a great start in our combined efforts to bolster productivity, embrace innovation and reduce red tape, while maintaining the highest standards of safety and inclusion on worksites.
“This inquiry provides a welcome opportunity for industry to work collaboratively to make generational change, we know we need to attract more trades, and this could be a catalyst in boosting participation in the construction sector.”
Ms Caire said it was imperative to move swiftly to improve productivity in order to reduce the cost of housing for Queenslanders.
“Queensland is already facing a significant housing deficit, and the longer it takes to build a house the more it costs and the wider this deficit grows.
“The Property Council and its members look forward to contributing to the inquiry and working with Commissioner Moody to arrest Queensland’s falling productivity, which has contributed to a lack of supply across all property types.”
ENDS