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Construction workers should be 10pc of migration, big developers urge

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The chief executive of the country’s largest property company, Lendlease’s Tony Lombardo, says the government should significantly increase the share of immigrants who are construction workers if it is serious about building more than a million homes over the next five years, as business leaders urged a series of productivity reforms to boost supply.

Mr Lombardo made those comments at a special roundtable hosted by the Business Council of Australia and The Australian Financial Review, which focused on the roadblocks preventing more supply of affordable houses.

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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
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

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    Original URL: https://www.afr.com/property/residential/construction-workers-should-be-10pc-of-migration-big-developers-urge-20241031-p5kmtm