Labor’s union-friendly industrial relations laws will cause Australia to fall short of national housing targets for four of the next five years, industry has told the Albanese government, urging fixes to state planning rules and an urgent boost to the skilled workforce.
Master Builders Australia’s latest industry forecast shows the government’s national housing accord will miss its target of 1.2 million new homes over the next five years, falling about 110,000 dwellings short of the 2029 target.
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Tom McIlroy is the Financial Review’s Canberra Bureau Chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com
Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com
