Brisbane CBD Master Plan a crucial construction boost

Published: 29 May 2012

Today’s state government announcement of exciting new plans to reinvigorate the Government Administrative Precinct will provide a crucial boost to Queensland’s ailing construction industry, according to Master Builders, Queensland’s peak body for housing and construction.

Master Builders Executive Director, Graham Cuthbert, said the plan, which the government hopes will act as a catalyst to stimulate the construction industry, is welcome news.

“The government expects that the Precinct Master Plan will provide around 18,000 jobs over the next five years. As far as we’re concerned, this announcement means vital jobs our industry will retain as it operates at levels 40% down on pre-GFC numbers,” Mr Cuthbert said.

“Last week, we made an urgent call on the LNP to assist our industry with stimulus measures that would help to kick start construction activity.

“The Minister for Housing & Public Works, The Hon. Dr Bruce Flegg MP, who was keynote speaker at our Master Builders Australia Limited National Board Industry Dinner last week, encouraged us with the news that an announcement about a major new project was imminent.

“In a time when consumer and business confidence is so low, we are excited about the LNP’s vision for our industry and believe the announcement is the good news we desperately needed.

“While we’ve acknowledged the housing sector is on the verge of a slow recovery, the construction sector is another story, with the industry anticipating challenging conditions for at least another 12 months.

“Minister Flegg also outlined further promises to cut red tape and some additional projects in the pipeline that will provide further stimulus for the housing and construction sectors.

“Master Builders is looking forward to hearing more of those plans and working closely with the LNP to create a bright future for Queensland and the building industry.”

 

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Julie Russell, Manager – Corporate Affairs via email or phone (07) 3225 6436 or 0414 083 191.